rbi speech, 2024-11-13
Some of the critical milestones in digital payments are the introduction of Real Time Gross Settlement (RTGS) and National Electronic Funds Transfer (NEFT) in 2004 and 2005, respectively - which now operate 365*24*7 - followed by the establishment of the National Payments Corporation of India (NPCI) in 2008.
Sentiment: neutral
Topic: mp_economic_activity