Search: PSB
RBA Glossary definition for PSB
PSB – Payments System Board. Created in 1998, within the Reserve Bank of Australia (RBA). The PSB is responsible for determining the RBA's payments system policy so as to best contribute to: controlling risk in the financial system; promoting the efficiency of the payments system; and promoting competition in the market for payment services, consistent with the overall stability of the financial system. Powers to carry out the PSB's policies are vested in the RBA.
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Box A: Risks in Non-bank Lending in India
12 Apr 2019
FSR
– April 2019
Graph A2. Growing financial stress at PSBs resulted in numerous policy measures over several years. ... The Indian Government injected capital into the PSBs and implemented measures to improve PSB governance.
https://www.rba.gov.au/publications/fsr/2019/apr/box-a.html
The Indian Banking System
9 Dec 2021
Bulletin
– December 2021
Banks play a key role in India’s financial system and underpin economic growth.
https://www.rba.gov.au/publications/bulletin/2021/dec/the-indian-banking-system.html
Fast Retail Payment Systems
18 Dec 2014
Bulletin
– December 2014
In December 2014, a group of Australian financial institutions announced that funding had been secured for the next phase of the New Payments Platform (NPP), which will provide the capability for Australian consumers and businesses to make and
https://www.rba.gov.au/publications/bulletin/2014/dec/6.html
Economic Developments in India
10 Dec 2020
Bulletin
– December 2020
Over recent decades, India's rapid economic growth has led to a substantial increase in its demand for Australian exports.
https://www.rba.gov.au/publications/bulletin/2020/dec/economic-developments-in-india.html
Developments in the Financial System Architecture
20 Oct 2015
FSR
– October 2015
As discussed in the previous Review, following the Final Report of the FSI, the Bank's Payments System Board (PSB) commenced a review of the framework for the regulation of card ... The broad direction of the review received support from the FSI Final
https://www.rba.gov.au/publications/fsr/2015/oct/dev-fin-sys-arch.html
Developments in the Financial System Architecture
20 Apr 2016
FSR
– April 2016
The Government also supported the PSB progressing its Review of Card Payments Regulation. ... As discussed in previous Reviews, the PSB has been undertaking a review of the framework for the regulation of card payments.
https://www.rba.gov.au/publications/fsr/2016/apr/dev-fin-sys-arch.html
Developments in the Financial System Architecture
10 Mar 2015
FSR
– March 2015
On payments system issues, the Report was generally supportive of the work the Bank's Payments System Board (PSB) has undertaken since its inception in 1998. ... In the payments system area, the Report was generally supportive of the work of the PSB,
https://www.rba.gov.au/publications/fsr/2015/mar/dev-fin-sys-arch.html
Developments in the Financial System Architecture
20 Oct 2016
FSR
– October 2016
This was a comprehensive examination of the regulatory framework for card payments, guided by the mandate of the Bank's Payments System Board (PSB) to promote competition and efficiency in the ... The key decisions taken by the PSB related to surcharging,
https://www.rba.gov.au/publications/fsr/2016/oct/dev-fin-sys-arch.html
Developments in the Buy Now, Pay Later Market
18 Mar 2021
Bulletin
– March 2021
The buy now, pay later (BNPL) sector is growing rapidly and new providers and business models are emerging.
https://www.rba.gov.au/publications/bulletin/2021/mar/developments-in-the-buy-now-pay-later-market.html
The New Payments Platform and Fast Settlement Service
20 Sep 2018
Bulletin
– September 2018
A significant advance in the Australian payments system occurred in February 2018 with the public launch of the New Payments Platform (NPP).
https://www.rba.gov.au/publications/bulletin/2018/sep/the-new-payments-platform-and-fast-settlement-service.html