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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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Submission to Payments System Review – January 2021 | Responses and Options Paper

8 May 2024 Submissions
The PSB also informs the Government of its policies through a number of channels. ... Consistent with its statutory obligations, the PSB consults widely before introducing any formal regulatory requirements.
https://www.rba.gov.au/publications/submissions/payments-system/submission-to-payments-system-review-01-2021/index.html

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

Box A: Risks in Non-bank Lending in India

10 Feb 2020 FSR April 2019 PDF 644KB
https://www.rba.gov.au/publications/fsr/2019/apr/pdf/box-a.pdf

Reforms to the Payment Systems (Regulation) Act 1998 Submission to Senate Economics Legislation Committee – February 2024 | Payments System …

23 Feb 2024 Submissions
The RBA is the principal regulator of the Australian payments system, with the RBA’s payments system policy determined by the Payments System Board (PSB). ... The PSB has a general duty to direct the RBA’s payments system policy to the greatest
https://www.rba.gov.au/publications/submissions/payments-system/reforms-to-the-psra/index.html

Commonwealth of Australia: In the Australian Competition Tribunal – April 2004 | Payments System | Submissions

8 May 2024 Submissions
The PSB should consider whether interchange pricing arrangements are appropriate for credit and debit cards.
https://www.rba.gov.au/publications/submissions/payments-system/au-competition-tribunal/index.html

The Indian Banking System

9 Dec 2021 Bulletin – December 2021
Maxwell Sutton
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

Submission to the Senate Select Committee on Financial Technology and Regulatory Technology – December 2019 | Payments System | Submissions

28 Dec 2019 Submissions
Most notably, the Bank's Payments System Board (PSB) conducted a Strategic Review of Innovation in the payments system over 2010–12, which led to the design and build by the ... Under the Reserve Bank Act 1959, the PSB is responsible for determining
https://www.rba.gov.au/publications/submissions/payments-system/financial-and-regulatory-technology/index.html

The Indian Banking System

8 Dec 2021 Bulletin - December 2021 PDF 706KB
https://www.rba.gov.au/publications/bulletin/2021/dec/pdf/the-indian-banking-system.pdf

Submission to Payments System Review

3 Feb 2021 Submissions PDF 1155KB
rba/boards/psb/psb-statement-of-expectations.html. SUBMISSION TO PAYMENTS SYSTEM REVIEW | 6. effective, ensuring that the Government’s policy priorities are appropriately factored into the PSB’s. ... 7 The PSB’s Statement of Intent is available at:
https://www.rba.gov.au/publications/submissions/payments-system/pdf/submission-to-payments-system-review-01-2021.pdf

Economic Developments in India

10 Dec 2020 Bulletin – December 2020
Zan Fairweather and Maxwell Sutton
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