K C Chakrabarty: Infrastructure finance – experiences and the road ahead Address by Dr K C Chakrabarty, Deputy Governor of the Reserve Bank of India, at the 13th Financial Services Convention of Bombay Management Association, Mumbai, 5 February 2010.
Retail payment systems Although the growing importance of FMIs is acknowledged, the retail payments have their own share of recognition. The innovations that have taken place in retail payments have been country specific, within the respective regulatory framework catering to the needs of the customers. The impact of innovation in retail payments is directly felt by the end-users and reshapes the payment process.