{"what_this_is":"The machine-readable twin of the BankPulse page for one RBI rulebook. Same points, same dates, same paragraph references as the page a person reads. RBI's own wording is not reproduced here: each point names the RBI paragraph, the character offset into the text BankPulse read and the sha256 of that text, so the claim can be checked against RBI's own document.","schema_version":1,"release_id":"d653cdb0a5","generated_at":"2026-09-15T00:33:59.117975+00:00","id":"md10833","title":"Master Directions on Access Criteria for Payment Systems (Updated as on July 28, 2021)","document_kind":"Master Direction","page":"https://bankpulse.ai/rule/md10833","status":"In force","importance":{"code":"MR","label":"MUST READ","weight":"Must read","why":"Binding instrument, class not named: applies broadly","layer":"bankpulse_inference"},"applies_to":{"shown":"All regulated entities","class_code":"ALL","from":"the document's own title","layer":"bankpulse_inference"},"dates":{"prid":"md10833","mode":"four_dates_v1","published":{"label":"Published","value":"Jan 19, 2017","stated":true,"why":"The day RBI put this document out."},"effective":{"label":"Starts to apply","value":"","stated":false,"why":"Not stated separately in this document. Read the rule itself before you assume a start date."},"transition":{"label":"Time to get ready","value":"","stated":false,"why":"Cannot be worked out until the day it starts to apply is known."},"deadline":{"label":"Last date to act","value":"","stated":false,"why":"No date to act by was found in this document. Other dates may sit inside single paragraphs."},"sources":{"published":"doc_date in data/highlights/md10833.json","effective":"none held","transition":"none held","deadline":"none held"}},"rbi_source":{"url":"https://rbi.org.in/Scripts/BS_ViewMasDirections.aspx?id=10833","document_date":"Jan 19, 2017","read_by_bankpulse":"2026-08-21 16:27:34 UTC","text_sha256":"8aa0c34190190a4c867a28285b25b4872a315b887d2f5c865b5201853a58fdb9","word_count":3281,"standing_last_checked":"Standing checked on RBI’s Master Directions index, 15 September 2026, 5:58 am IST."},"counts":{"points_shown":36,"points_naming_an_rbi_paragraph":36,"points_stored":36,"actions":0,"amendments":0},"points":[{"n":1,"claim":"md10833-074d3130","page_group":"Must know","stored_section":"WHAT'S BANNED","heading":"Co-operative Societies Cannot Join","plain_english":"A co-operative society cannot become a member or sub-member of any payment system.","rbi_paragraph":"Para 2.1.2","rbi_char_offset":6440,"weight":"MUST KNOW","role":"Co-op society","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md10833#p1","layer":"bankpulse"},{"n":2,"claim":"md10833-4c3dd5f2","page_group":"Must know","stored_section":"LIMITS AND NUMBERS","heading":"Primary Dealer Access Type","plain_english":"Primary Dealers get one type of big-value transfer access, not the full bank type.","rbi_paragraph":"Para 2.1.4","rbi_char_offset":6675,"weight":"MUST KNOW","role":"Primary Dealer","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md10833#p2","layer":"bankpulse"},{"n":3,"claim":"md10833-705d3557","page_group":"Must know","stored_section":"LIMITS AND NUMBERS","heading":"PPI Issuers Get Type-D Access","plain_english":"Prepaid instrument issuers and white-label ATM operators get their own transfer-system access type.","rbi_paragraph":"Para 2.1.4","rbi_char_offset":6918,"weight":"MUST KNOW","role":"PPI issuer","team":null,"products_covered":["digital-payment"],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md10833#p3","layer":"bankpulse"},{"n":4,"claim":"md10833-86efb2eb","page_group":"Must know","stored_section":"LIMITS AND NUMBERS","heading":"Review Every Two Years","plain_english":"RBI reviews who can join payment systems once every two years.","rbi_paragraph":"Para 2.1.5","rbi_char_offset":7473,"weight":"MUST KNOW","role":"RBI","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md10833#p4","layer":"bankpulse"},{"n":5,"claim":"md10833-daf78566","page_group":"Must know","stored_section":"LIMITS AND NUMBERS","heading":"Bank CRAR Must Be 9pc","plain_english":"A bank needs a capital ratio of at least 9% to join the fast, big-value system.","rbi_paragraph":"Para 2.2.1","rbi_char_offset":7709,"weight":"MUST KNOW","role":"Bank","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":"Example: a bank's own CRAR is 8.5%. 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