Daily Email Newsletter (Sign-up Free)

Sec 19, Payment & Settlement Systems Act 2007: RBI Directions to be complied with

The Payment and Settlement Systems Act 2007,

Chapter IV (Authorization of Payment Systems),

Section 19 (Directions of Reserve Bank to be complied with) :‒

❝Every person to whom a direction has been issued by the Reserve Bank under this Act shall comply with such direction without any delay and a report of compliance shall be furnished to the Reserve Bank within the time allowed by it.❞

No comments:

Post a Comment

In comment with "Name/Url" option, only Name is mandatory to be filled.