Archive · 30 Sep 2025

RBI Forms Payments Regulatory Board with Six Members

RBI Forms Payments Regulatory Board with Six Members

The Reserve Bank of India (RBI) has created a new group called the Payments Regulatory Board (PRB) to keep an eye on how electronic payments work in India.

The PRB has six members, including the RBI Governor Sanjay Malhotra, who is in charge.

Other members come from the RBI and the government.

The goal is to make sure all the payment systems in the country run smoothly.

Sources