Banking Vittarth

Payment Infrastructure Development Fund


In order to provide a boost to the growing digital payment ecosystem in the country. RBI has finally announced the operationalisation of the Payment Infrastructure Development Fund ( PIDF ) with a total outlay of Rs 500 Crores.

This edition on banking brief will provide you with all the necessary details you need to know about the Payment Infrastructure Development Fund. What is the fund all about? Who will be benefited? Why it has been operationalized? Lets find out !!

Credits: Sakshi Goyal and Saurabh Pandey

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