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NUE: As Biggies Rush To Apply For An NUE, Where's The 'Ah Ha!' Idea?

Mar 04 2021, 4:47 PM March 04 2021, 1:24 PM March 04 2021, 4:47 PM The Reserve Bank of Indiaรขย€ย™s invitation to set up a new umbrella entity for retail payments has drawn in a rush of entries. From Amazon and Google, to Mastercard and Visa, global giants are coming together with a bunch of local aspirants to apply for an NUE licence ahead of the revised March 31 deadline, reports Bloomberg.The idea is to have another institution like the National Payments Corporation of India to spearhead inn...
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Top headlines: Cayman grey tag may hurt FPI, Telcos bid in spectrum auction

Cayman Islands grey list tag may hurt FPI investments into India The Cayman Islands, one of Indiaโ€™s richest routes for foreign investments, has been put on the grey list of countries/regions for increased monitoring by the Financial Action Task Force (FATF), an inter-governmental body that sets anti-money laundering standards. It is also the third-most preferred source of foreign direct investments into India, based on the data for the first half of FY21. Read more Sebi plans change in norms...
New York United States Jammu And Kashmir Cayman Islands Motilal Oswal New York Times

SBI UPI users alert! Important message for State Bank of India customers

SBI UPI users alert! Important message for State Bank of India customers SBI on January 8 had issued a notice that it is going to upgrade the UPI platform to give a better experience to its customers. Share Updated: Jan 9, 2021, 03:44 PM IST On January 8, the State Bank of India (SBI) had issued a notice that it is going to upgrade the Unified Payment Interface (UPI) platform to give a better experience to its existing and new customers. The notice says that during the upgrade activity, the cus...
Nandan Nilekani National Payment Corporation Of India State Bank Unified Payment Interface Payment Interface National Payment Corporation

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