An autonomous research institute under the Ministry of Finance


Posts by Chetna Batra

A critique of RBI's proposal to regulate pre-paid payment instruments in India


[Co-authors: Gausia Shaikh and Bhargavi Zaveri]

Demonetisation has reportedly given a fillip to the use of digital pre-paid payment instruments (PPIs) in India. PPIs are stores of value which can be used for the purchase of goods and services. Some PPIs are akin to zero-interest deposits as they allow ...
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