Archive · 30 Sep 2025
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.
RBI established a six-member Payments Regulatory Board.
RBI Governor Sanjay Malhotra will chair the PRB.
The board will oversee the function of payment systems.
Includes representatives from RBI and Central government.
Members include DFS and MeitY Secretaries, and Aruna Sundararajan.
- Who
- Payments Regulatory Board
- What
- Established to oversee payment systems
- When
- Not specified
- Where
- India
- Why
- To oversee payment systems
- Board Name
- Payments Regulatory Board (PRB)
- Chair
- RBI Governor Sanjay Malhotra
- Members
- 6
- RBI Representatives
- RBI Governor, Deputy Governor, Executive Director
- Government Representatives
- DFS Secretary, MeitY Secretary, Aruna Sundararajan