In February 2024, RBI amended the Master Direction on Prepaid Payment Instruments (PPI) to permit authorized bank and non-bank PPI issuers to issue PPIs for making payments across various public transport systems. Under which section of the Payment and Settlement Systems Act, 2007 this instruction was issued?
1
Section 11
2
Section 12
3
Section 14
4
Section 16
5
Section 18