RBIIn force (2021 MD); 2026 draft not finalised

Master Direction on Prepaid Payment Instruments (2021, as amended); Draft MD on PPIs 2026

Reference
Draft 22 Apr 2026
Issued
27 Aug 2021
Effective
In force (2021 MD); 2026 draft not finalised

Scope

PPI categories, limits, KYC tiers, interoperability, cash-out. Watch item.

Linked context

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