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It will help the National Payments Corporation of India to reach its goal of processing a billion transactions a day

The SEBI increased the public debt investment limit for payments through the UPI mechanism Rs 5 lakh from Rs 2 lakh currently.

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IPO mandates via UPI: High decline rates at smaller PSU banks worry stakeholders SECTIONS Share Synopsis ETtech Equity in education isn’t the only major victim of a glaring digital divide. Equity ownership in primary listings also hinges as much on the robustness of Indias tech backbone – as evidenced in the latest flurry of digital mandates for top-flight IPOs. UPI mandates in June have also highlighted the gap in technology infrastructure between large private sector banks and their small...

Synopsis ETtech Equity in education isn’t the only major victim of a glaring digital divide. Equity ownership in primary listings also hinges as much on the robustness of Indias tech backbone – as evidenced in the latest flurry of digital mandates for top-flight IPOs. UPI mandates in June have also highlighted the gap in technology infrastructure between large private sector banks and their smaller public sector counterparts, with the differential in failure rates worrying ecosystem stakeho...

Sebi said that sponsor bank will have to execute the online mandate revoke file for non-allottees or partial allottees and provide pending applications for unblock, if any, to the RTI, not later than 5 pm pm on BOA+1.

Sebi on Wednesday gave more time for implementation of guidelines pertaining to SMS alerts under the Unified Payment Interface (UPI) system for shares applied and allotted during an IPO. The deadline for putting in place automated web portal with respect to Initial Public Offers (IPOs) through UPI s

Extends relaxation in procedures till September-end

Rights issue: New guidelines put in place on refund of un-allotted, partially allotted applications PTI New Delhi | Updated on April 22, 2021 × The refund for un-allotted/partial allotted application has to be completed on or before T+1 day Markets regulator Sebi on Thursday came out with new guidelines pertaining to refund for un-allotted and partially allotted applications for rights issue. "The issuer along with lead manager(s), registrar, and other recognized intermediaries shall also en...