April 29, 2026

RBI Payments Vision 2028

Bank account portability RBI’s priority for ‘Vision 2028’ – The Times of India

Bank account portability RBI’s priority for ‘Vision 2028’ – The Times of India

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MUMBAI: RBI has placed consumer empowerment through portable bank accounts and cross-border efficiency at the centre of its Payments Vision 2028, signalling a new focus to improving user experience and reducing friction in money movement.While customers can freely open accounts with any bank, savings accounts are considered ‘sticky’ because of multiple standing instruction to send…

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E-cheques coming soon? RBI unveils Payments Vision 2028, plans wider oversight of digital players – The Times of India

E-cheques coming soon? RBI unveils Payments Vision 2028, plans wider oversight of digital players – The Times of India

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The Reserve Bank of India (RBI) on Friday unveiled its ‘Payments Vision 2028’ document, outlining a roadmap that includes exploring electronic cheques, expanding regulatory oversight to digital platforms, and strengthening safeguards in the fast-growing payments ecosystem, PTI reported.The central bank said it will examine the introduction of e-cheques to combine the advantages of paper instruments…

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