The updated oversight framework, released by the central bank on Saturday, lays down new designations of systematically important FMIs, legal framework that governs them and the revised oversight scope of the Reserve Bank in regulating the digital payments ecosystem.source https://economictimes.indiatimes.com/industry/banking/finance/rbi-to-regulate-npci-retail-payment-systems-with-increased-oversight/articleshow/76361543.cms
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