Question
What is the extended validity date of the Payments
Infrastructure Development Fund (PIDF) scheme by the Reserve Bank of India?Solution
The Reserve Bank of India (RBI) has extended the validity of the Payments Infrastructure Development Fund (PIDF) scheme to December 31, 2025. The PIDF scheme, launched in January 2021, subsidises the deployment of digital payment acceptance infrastructure especially in Tier-3 and Tier-6 cities and North Eastern states.
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