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Non Payment PSPs Get a Nod to Join RBI s CPS

By siliconindia  |  Thursday, 29 July 2021, 04:43 Hrs The Reserve Bank of India (RBI) has decided to allow non-bank cost system suppliers (PSPs), together with pay as you go cost devices (PPI) issuers such as cellular wallets, card networks and white label ATM operators to participate within the Centralised Processing System (CPS) as direct members. The RBI transfer first hinted in April 2021 means allotment of a separate Indian Financial System Code (IFSC) to non-banks, opening a present account with the RBI in its core banking system (e-Kuber) and sustaining a settlement account with the RBI. It could even imply membership of Indian Financial Network (INFINET) and utilize of Structured Financial Messaging System (SFMS) to speak with CPS.

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what if entered wrong ifsc code: IFSC Code is necessary for digital transaction : किसी भी डिजिटल ट्रांजेक्शन के लिए जरूरी है आईएफएससी कोड
indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.

how to check changed ifsc code: IFSC Code of Erstwhile Syndicate Bank Become Invalid now : सिंडिकेट बैंक का आईएफएससी कोड आज से हो गया इनवैलिड

how to check changed ifsc code: IFSC Code of Erstwhile Syndicate Bank Become Invalid now : सिंडिकेट बैंक का आईएफएससी कोड आज से हो गया इनवैलिड
indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.

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