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

03/05/2017

[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 ...
blog author image