{"id":86559,"date":"2020-06-06T21:18:29","date_gmt":"2020-06-06T15:48:29","guid":{"rendered":"https:\/\/factly.forumias.com\/?p=15809"},"modified":"2020-06-06T21:18:29","modified_gmt":"2020-06-06T15:48:29","slug":"rbi-creates-payment-infrastructure-development-fund","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/rbi-creates-payment-infrastructure-development-fund\/","title":{"rendered":"RBI creates Payment Infrastructure Development Fund"},"content":{"rendered":"\n<p><strong>News:<\/strong> Reserve Bank of India(RBI) has created a Payment Infrastructure Development Fund of Rs 500 crores.<\/p>\n\n\n\n<p><strong>Facts:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Aim: <\/strong>To encourage the deployment of Points of Sale(PoS) infrastructure both physical and digital modes in smaller cities, towns and north eastern states.<\/li><li><strong>Contribution: <\/strong>RBI will make an initial contribution of Rs 250 crore to the fund. The remaining contribution will come from card-issuing banks and card networks operating in the country.<\/li><li><strong>Nodal Department: <\/strong>The fund will be governed by an advisory council and administered by the RBI.<\/li><\/ul>\n","protected":false},"excerpt":{"rendered":"<p>News: Reserve Bank of India(RBI) has created a Payment Infrastructure Development Fund of Rs 500 crores. Facts: Aim: To encourage the deployment of Points of Sale(PoS) infrastructure both physical and digital modes in smaller cities, towns and north eastern states. Contribution: RBI will make an initial contribution of Rs 250 crore to the fund. The&hellip; <a class=\"more-link\" href=\"https:\/\/forumias.com\/blog\/rbi-creates-payment-infrastructure-development-fund\/\">Continue reading <span class=\"screen-reader-text\">RBI creates Payment Infrastructure Development Fund<\/span><\/a><\/p>\n","protected":false},"author":61,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[3127,2122],"tags":[4122,394],"class_list":["post-86559","post","type-post","status-publish","format-standard","hentry","category-economy","category-miscellaneous","tag-payment-infrastructure-developement-fund","tag-rbi","entry"],"jetpack_featured_media_url":"","views":{"total":0,"cached_at":1700804356,"cached_date":1704744879},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/86559","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/61"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=86559"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/86559\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=86559"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=86559"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=86559"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}