Tag Archives: Section 30

RBI Framework for penalty/fine on Banks under section 30 of the PSS Act

By | October 21, 2016

Framework for imposing monetary penalty on Authorised Payment Systems Operators / banks under Payment and Settlement Systems Act, 2007 RBI/2016-17/97 DPSS.CO.OD. No.1082/06.08.005/2016-17 October 20, 2016 To, Authorised Payment system operators / banks Dear Sir/Madam, Framework for imposing monetary penalty on Authorised Payment Systems Operators / banks under Payment and Settlement Systems Act, 2007 The Payment… Read More »