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Amid geo-political risks, RBI mulls domestic processing of transactions

In its Payments Vision Document released last week, the RBI said keeping in view the emerging geo-political risks, options would be explored to ring-fence domestic payment systems

Topics
Reserve Bank of India | Payment | payment systems

Subrata Panda  |  Mumbai 


Photo: Bloomberg
Photo: Bloomberg

The (RBI) is contemplating mandating domestic processing of transactions in order to ring-fence the country’s domestic systems. This comes in light of the emerging geo-political risks, especially the Russia-Ukraine war.

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First Published: Mon, June 20 2022. 21:45 IST

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