SEBI’s proposed data sharing policy aims to decentralise data sharing by empowering Market Infrastructure Institutions to manage their own data frameworks. It introduces a ‘two-basket’ approach ...
Published On: 01/11/2017
Practice Area: Financial Services, Government & Regulatory
Authors:
Suneeth Katarki
Ashi Bhat
For over a decade now, Indian banks and non-bank entities have been issuing prepaid payment instruments ('PPIs') after obtaining necessary approvals from the Reserve Bank of India (the 'RBI') under the Payment and Settlement Systems Act, 2007 (the 'PSS Act').
