The Payment and Settlement Systems (Amendment) Bill, 2014 that aimed at bringing India’s banking payment system in sync with international practices was passed by the Lok Sabha on 9th December, 2014.
The information in this private circulation is not legal advice and should not be treated as such. The information is taken from public domain and is purely for private and non- commercial purposes. We do not represent that the information is correct, accurate, complete or non- misleading.
This disclaimer will be governed by and construed in accordance with laws of India, and any disputes relating to this disclaimer will be subject to the exclusive jurisdiction of the courts of the Republic of India.