Overview

The Payment Systems and Banking Technology Department is headed by a Senior Advisor with one Vice President and one Manager. The Department is working for consolidating and representing Indian Banking Industry concerns on technological aspects to Reserve Bank of India and Ministry of Finance. The department also consolidates the views of banking industry for submission to RBI/ Various Ministries mainly DFS, Meity, UIDAI, MoRD, MCA etc to facilitate formation of policy and guidelines by RBI and concerned Ministry. The department also conducts meetings of bankers for review and discussion on technology related aspects of banking like card related issues, IT Security, SWIFT, Aadhaar, BC Registry etc. The department participates in VC meetings with DFS/Meity on IT related issues and Sr Advisor attends meetings of DFS/other Ministries at Delhi in person when required.