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PPI Full Form, Producer Price Index and Prepaid Payment Instruments, PPI Classification Structures, Difference Between Producer and Consumer Price Indices & FAQs

PPI Full Form:- As per the guidelines provided under the Payment and Settlement Act, 2005, Also, RBI has defined Prepaid Payment Instruments (PPIs) as means of payment, including transfer of funds, financial services and remittances, on or over the instrument. The value stored in the instrument is represented by the value for which payment has …

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