The Reserve bank of India authorizes all Pre-paid Instruments (PPI) in India, under the powers conferred under the Payment and Settlement Systems Act, 2007 (PSS Act).
Indian Banks' Association has announced the IBA's 17th Annual Banking Technology Awards 2021. In total South Indian Bank has won 6 awards in the event.
India and ASEAN nations have approved a work plan titled India-ASEAN Digital Work Plan 2022, during the second ASEAN Digital Ministers' (ADGMIN) Meeting.