Nasscom-DSCI Submission on RBI Master Directions on PPIs

Published: April 15, 2017

The Reserve Bank of India(RBI) recently released Master Directions on Issuance and Operation of Prepaid Payment Instruments(PPIs) in India and sought comments and suggestions from the stakeholders to finalize the draft. DSCI-NASSCOM analyzed the draft, consulted member organizations operating in this space and accordingly have prepared attached inputs that is submitted to RBI for further action. The inputs have been provided at principal level on the overall approach this framework should take, followed by section specific comments.