Payments Regulatory Board holds its first meeting

The Payments Regulatory Board (PRB) convened its inaugural meeting in Mumbai, chaired by RBI Governor Sanjay Malhotra. This marks the operationalization of a new regulatory framework for payment systems. The board reviewed the functions of the RBI...

By ET Bureau | Jan 06, 2026, 05.59 AM IST

Board of Payments Regulatory Board holds its first meet, reviews draft Payments Vision 2028

Mumbai: The Payments Regulatory Board (PRB) on Monday held its first meeting in Mumbai under the chairmanship of Reserve Bank of India governor Sanjay Malhotra, marking the operationalisation of the new regulatory framework for payment systems. During the meeting, the board reviewed the functions of RBI's department of payment and settlement systems and discussed key focus areas across domestic and global payment systems.

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