Circular on Relaxation in timeline for compliance with various payment system requirements (circular dated 21.05.2021) – RBI

  • 25th, May 2021
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Circular on Relaxation in timeline for compliance with various payment system requirements (circular dated 21.05.2021) – RBI

  • Keeping in view the resurgence of the COVID-19 pandemic and the representations received from various bank and non-bank entities, it has been decided to extend the timeline prescribed for compliance in this annexure.
  • This directive is issued under Section 10(2) read with Section 18 of the Payment and Settlement Systems Act, 2007 (Act 51 of 2007).
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