Need Tally
for Clients?

Contact Us! Here

  Tally Auditor

License (Renewal)
  Tally Gold

License Renewal

  Tally Silver

License Renewal
  Tally Silver

New Licence
  Tally Gold

New Licence
 
Open DEMAT Account with in 24 Hrs and start investing now!
« Latest Circulars »
Open DEMAT Account in 24 hrs
 RBI invites public comments on Draft Guidelines for ‘on tap’ Licensing of Urban Co-operative Banks
 Processing of Applications Received Under the Citizen’s Charter - Status as on July 31, 2026
 RBI Issues Amendment Directions on Interest Rate on Deposits
 Reserve Bank of India (Commercial Banks – Resolution of Stressed Assets) Third Amendment Directions, 2026
 Winding up of Paytm Payments Bank Limited
 Reserve Bank of India (Regional Rural Banks Income Recognition, Asset Classification and Provisioning) Second Amendment Directions, 2026
 Rationalisation of Foreign Exchange Management (Non-Debt Instruments) Rules 2019 Draft Rules for Comments
  Governor Reserve Bank of India meets MD and CEOs of Public Sector Banks and select Private Sector Banks
 RBI issues Prudential Norms on Specified Non Financial Asset acquired by Regulated Entitites
 RBI issues draft Guidance on Regulatory Expectations for Data Governance
 Governor, Reserve Bank of India meets MD & CEOs of Public Sector Banks and select Private Sector Banks

Payments Infrastructure Development Fund (PIDF) Status Update
November, 18th 2021

 beneficiaries of PM Street Vendor’s AtmaNirbhar Nidhi (PM SVANidhi Scheme) in tier-1 and tier-2 centres are also covered.

2. Acquiring institutions (banks and non-banks), registered under the PIDF Scheme, commit region-wise deployment targets, submit deployment statistics and claim subsidy for devices which fulfil the prescribed criteria.

3. Contribution to the PIDF is made by the Reserve Bank, authorised card networks and card issuing banks; the corpus currently stands at ₹614 crore.

Source Amount (in ₹ crore)
Reserve Bank of India 250.00
Authorised Card Networks 153.72
Card Issuing Banks 210.17
Total 613.89

4. The number of payment acceptance devices deployed under the PIDF Scheme as at end-September 2021 is –

Location Physical Devices* Digital Devices**
Tier 3 & 4 Centres 98,504 20,46,075
Tier 5 & 6 Centres 84,968 30,47,750
North-eastern States 18,449 2,42,145
Tier 1 & 2 Centres (PM SVANidhi Scheme) 44,021 2,00,708
Total 2,45,942 55,36,678

*Physical devices include PoS, mPoS (mobile PoS), GPRS (General Packet Radio Service), PSTN (Public Switched Telephone Network), etc.

**Digital devices include inter-operable QR code-based payments such as UPI QR, Bharat QR, etc.

(Yogesh Dayal)     
Chief General Manager

Press Release: 2021-2022/1207

Home | About Us | Terms and Conditions | Contact Us
Copyright 2026 CAinINDIA All Right Reserved.
Designed and Developed by Ritz Consulting