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RBI-MPC decides on internationalisation of Rupay cards, expanding scope of NPA resolution

RBI-MPC decides on internationalisation of Rupay cards, expanding scope of NPA resolution
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Himachal pradeshShaktikanta dasUcbs dasMonetary policy committeeUrban cooperative banksReserve bankPrudential frameworkBharat bill payment systemMembership criteriaLicensing frameworkAuthorised personsForeign exchange management act

RBI-MPC Decides On Internationalisation Of Rupay Cards

The Rupay debit and credit cards are gaining increased acceptance abroad, said RBI Governor Shaktikanta Das while announcing the decisions of the MPC.

Himachal pradeshShaktikanta dasUcbs dasMonetary policy committeeReserve bankUrban cooperative banksPrudential frameworkBharat bill payment systemMembership criteriaLicensing frameworkAuthorised personsForeign exchange management act

RBI-MPC decides on internationalisation of Rupay cards, expanding scope of NPA resolution (Ld)

Expanding the scope of resolving the issue of non-performing assets (NPA) to other regulated entities, extending the time for Urban Cooperative Banks (UCB) to achieve the target for priority sector lending, internationalisation of Rupay cards .

Tamil naduHimachal pradeshUcbs dasShaktikanta dasMonetary policy committeeUrban cooperative banksReserve bankPrudential frameworkBharat bill payment systemMembership criteriaLicensing frameworkAuthorised personsForeign exchange management act