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The Reserve Bank has today published the half-yearly Payment System Report, December 2025. This report, in addition to analysing the trends in payment transactions carried out using various payment systems in India during the last five calendar years up to the second half of the calendar year 2025, covers major recent regulatory developments in the domestic payments ecosystem. The role of Central Counterparties (CCPs), in strengthening India’s financial stability by mitigating counterparty credit risk, is examined. The report also discusses issues in cross-border payments, the efforts made by the Reserve Bank of India, as part of the G20 Roadmap, for improving efficiency therein and technical innovations in general, which are re-shaping global payments ecosystem. (Brij Raj) Press Release: 2026-2027/279 |