Central Act

The Payment and Settlement Systems Act, 2007

An Act to provide for the regulation and supervision of payment systems in India and to designate the Reserve Bank of India as the authority for that purpose and for matters connected therewith or incidental thereto.

Act number51 of 2007
Enacted2007-12-20
In force from2008-08-12
MinistryMinistry of Finance
DepartmentDepartment of Financial Services
Sections42
Section text heldRegistry entry; certified PDF held

Other Acts of the Ministry of Finance

Questions this page answers

When did the The Payment and Settlement Systems Act, 2007 come into force?

It came into force on 2008-08-12, having been enacted on 2007-12-20.

Which ministry administers it?

The Ministry of Finance (Department of Financial Services).

Trijya holds a hash-verified copy of the official PDF of this Act; retrieval is available to API customers. Document archive.

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