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International Law
: Technology Law IndiaPayment Systems Act and Rules Notified
By admin
The RBI notified regulations under the Payment Settlement and Systems Act, 2007 on August 12, 2008.
The regulations provide for the constitution of a board to oversee the implementation of the Act and procedures for service providers to obtain approval for providing their payment services.
Full post as published by Technology Law India on August 12, 2008 (boomark / email).
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