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RBI constitutes 6-member Payments Regulatory Board

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....BI constitutes 6-member Payments Regulatory Board<BR>FEMA / RBI<BR>Dated:- 30-9-2025<BR>PTI<BR>Mumbai, Sep 30 (PTI) The Reserve Bank on Tuesday constituted the six-member Payments Regulatory Board, wh....

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....ich includes three central government nominees, to supervise the functioning of payment systems in the country. The panel is headed by the Governor. The Payments Regulatory Board (PRB) replaces th....

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....e Board for Regulation and Supervision of Payment and Settlement System (BPSS), a committee of the Central Board of the Reserve Bank of India. The five-member BPSS was also headed by the RBI Governo....

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....r, but does not include any government nominee. The other two RBI members on the PRB are Deputy Governor and Executive Director in-charge of the Payment and Settlement Systems. Government nominees....

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.... on the board are Secretary, Department of Financial Services; Secretary, Ministry of Electronics and Information Technology; and Aruna Sundararajan, former telecom secretary. The Principal Legal Ad....

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....viser of RBI is a permanent invitee to the meetings of the board. The Payments Regulatory Board shall ordinarily meet at least twice a year, according to a notification issued in May. PTI NKD NKD SH....

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....W<BR> News - Press release - PIB....