Committee on Deepening of Digital Payments Submits its Report to RBI
The committee was advised to submit
its report within a period of 90 days from the date of its first meeting.
Since then, the Committee held its
deliberations including consultations with various stakeholders and on 17th
May 2019, submitted its report to the Governor, Reserve Bank of India.
The
Reserve Bank of India will examine the recommendations of the Committee and
will dovetail the action points, wherever necessary, in its Payment Systems Vision
2021 published on May 15, 2019, for implementation.
It would have been great, if the report of ‘Committee
on Deepening of Digital Payments’, is hosted on the Reserve Bank of India’s website.
The report would have assisted the Digital
payments industry to fine-tune their implementation policies to enhance digital
transactions volumes.
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