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Reserve Bank of India (Access Criteria for Payment Systems) Directions 2017

RBI Circular DPSS.CO.OD.No.1846/04.04.009/2016-17 dated January 17, 2017 to the Chairman/ Managing Director/ Chief Executive Officer of All Scheduled Commercial Banks including RRBs/ Urban Co-operative Banks/ State Co-operative Banks/ District Central Co-operative Banks/ Payment Banks/ Small Finance Banks/ Primary Dealers/ Authorised Payment System Providers

A reference is invited to rbi circular DPSS.CO.OD.494/04.04.009/2011-2012 dated September 21, 2011 prescribing the Access Criteria for Payment Systems. These Master Directions, being issued under Section 10(2) read with Section 18 of Payment and Settlement Systems Act 2007 (Act 51 of 2007), consolidate and update all the instructions issued on the subject up to December 31, 2016 and placed on the website of the Reserve Bank of India.

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