The organisation will be set up as a not-for-profit company under the Companies Act, and the RBI will have the right to clear appointments of “important positions” in the SRO’s governing body.

This story is from December 31, 2019 History behind, Shaktikanta Das-led RBI charts new trails sans acrimony PTI / Dec 31, 2019, 10:06 IST Follow us ...

RBI issues guidelines for self-regulatory organisation for payment system operators The Reserve Bank on Thursday issued final guidelines, including the framework, to set up a self-regulatory ...