Circular No. RBI/2019-20/140
DPSS.CO.OD.No.1328/06.08.005/2019-20

Circular

Framework for imposing monetary penalty on authorised payment system operators/ banks under the Payment and Settlement Systems Act, 2007

Date

January 9, 2020

Statute

Payment and Settlement Systems (PSS) Act, 2007

Section/ Rule Number

Sections 30 and 31

Issuing Authority

Reserve Bank of India

Circular