Indian banks have shifted towards the retail market in recent years in response to a rise in soured corporate loans.
The six-member MPC had kept the repo rate unchanged on December 5 despite moderation in economic growth and easing inflation.
?In the last MPC meeting when we took a pause, I don't know why the market was surprised, said RBI Gov Shaktikanta Das.
The country's reserve position with the International Monetary Fund also increased by USD 15 million to USD 3.644 billion, the data showed.
For the first half of 2019-20 fiscal, GDP growth slowed to a pace of 4.8 per cent compared to the 7.5 per cent a year back.
RTGS is meant for large-value instantaneous fund transfers, while NEFT is used for fund transfers of up to Rs 2 lakh.
The RBI reiterated that it would maintain an accommodative stance as long as necessary to revive economic growth.
P2P lending limit raised to Rs 50 lakh
Such PPIs can be issued on the basis of essential minimum details sourced from the customer.
The comments come a year after government tagged Bitcoins and other cryptocurrencies illegal and the RBI banned their trade.