RBI/2019-20/51 DPSS.CO.PD.No.499/02.14.006/2019-20 August 30, 2019 All Prepaid Payment Instrument Issuers Madam / Dear Sir, Amendment to Master Direction on Issuance and Operation of Prepaid Payment Instruments (PPIs) Please refer to paragraph 9.1 (i) (i) of the Master Direction on Issuance and Operation of PPIs issued vide DPSS.CO.PD.No.1164/02.14.006/2017-18 dated October 11, 2017 (PPI-MD). 2. It is advised that the timeline for conversion of minimum detail PPIs to

RBI/2019-20/46 DPSS (CO) RTGS No.364/04.04.016/2019-20 August 21, 2019 The Chairman / Managing Director / Chief Executive Officer of member banks participating in RTGS Madam / Dear Sir, Real Time Gross Settlement (RTGS) System – Increase in operating hours A reference is invited to the circular DPSS (CO) RTGS No. 2488/04.04.016/2018-19 dated May 28, 2019 on ‘Real Time Gross Settlement (RTGS) System – Extension of Timings for Customer Transactions’. 2. At present, the

RBI/2018-19/189 DPSS (CO) RTGS No. 2488/04.04.016/2018-19 May 28, 2019 The Chairman / Managing Director / Chief Executive Officer of member banks participating in RTGS Madam / Dear Sir, Real Time Gross Settlement (RTGS) System – Extension of Timings for Customer Transactions A reference is invited to circular DPSS (CO) RTGS No.492/04.04.002/2015-16 dated September 1, 2015 on ‘Changes in RTGS time window’ and circular DPSS (CO) RTGS No.1926/04.04.002/2015-16 dated Febr

RBI/2018-19/153 DPSS.CO.RPPD.No./2089/03.01.03/2018-19 March 28, 2019 The Chairman and Managing Director / Chief Executive Officer All Scheduled Commercial Banks including Regional Rural Banks /Urban Co-operative Banks / State Co-operative Banks /District Central Co-operative Banks / Local Area Banks Madam / Dear Sir, Special Clearing operations on March 30 and 31, 2019 A reference is invited to the circular issued by Department of Government and Bank Accounts (DGBA.G

RBI/2018-19/101 DPSS.CO.PD.No.1417/02.14.006/2018-19 January 04, 2019 All Authorised Non-bank Prepaid Payment Instrument Issuers Madam / Dear Sir, Customer Protection – Limiting Liability of Customers in Unauthorised Electronic Payment Transactions in Prepaid Payment Instruments (PPIs) issued by Authorised Non-banks Please refer to paragraph 9 of Statement on Developmental and Regulatory Policies regarding framework for limiting customer liability in respect of unauth

RBI/2018-19/61 DPSS.CO.PD.No.808/02.14.006/2018-19 October 16, 2018 All Prepaid Payment Instrument Issuers, System Providers and System Participants Madam / Dear Sir, Prepaid Payment Instruments (PPIs) – Guidelines for Interoperability A reference is invited to the Master Direction DPSS.CO.PD.No.1164/02.14.006/2017-18 dated October 11, 2017 (updated as on December 29, 2017) on Issuance and Operation of PPIs (M.D.). As per the road-map laid down therein, interoperabili

RBI/2018-19/60 DPSS.CO.OD No.803/06.08.005/2018-2019 October 15, 2018 Central Counterparties authorised by RBI / Central Counterparties seeking authorisation from RBI / Foreign Central Counterparties seeking recognition from RBI Madam / Dear Sir, Directions for Central Counterparties (CCPs) Please refer to the announcement made in the Second Bi-monthly Monetary Policy Review dated June 06, 2018 regarding issuance of directions relating to capital requirements and gove

RBI/2017-18/145 DPSS.CO.CHD.No./2707/03.01.03/2017-18 March 28, 2018 The Chairman and Managing Director / Chief Executive Officer All Scheduled Commercial Banks including Regional Rural Banks/ Urban Co-operative Banks / State Co-operative Banks / District Central Co-operative Banks/Local Area Banks Madam / Dear Sir, Special Clearing operations on March 31, 2018 A reference is invited to the circular issued by our Department of Government and Bank Accounts (DGBA.GBD.No

RBI/DPSS/2017-18/58 Master Direction DPSS.CO.PD.No.1164/02.14.006/2017-18 October 11, 2017 (Updated as on November 17, 2020) (Updated as on February 28, 2020) (Updated as on January 16, 2020) (Updated as on December 24, 2019) (Updated as on

RBI/2016-17/264 DPSS.CO.PD No.2737/02.14.003/2016-17 March 30, 2017 The Chairman and Managing Directors / Chief Executive OfficersAll Scheduled Commercial Banks including RRBs / Urban Co-operative Banks /State Co-operative Banks / District Central Co-operative Banks /Payments Banks and Small Finance Banks /All Card Network Providers Dear Madam / Sir, Rationalisation of Merchant Discount Rate (MDR) for Debit Card Transactions – Continuance of Special Measures A referen