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UPI in india: UPI wouldn't be possible if NPCI were not in Mumbai, says Dilip Asbe

Talking about regulations, Asbe acknowledged RBI s guidance in creating responsible regulations around tech innovation to make the platform sustainable and scalable in the long run, creating a viable and pragmatic framework of rules and regulation around UPI. ....

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Stressed asset investing: An alternative investment opportunity for HNIs

ARCs hold specialized expertise in asset valuation, negotiation, and legal procedures, crucial for navigating the complexities of a stressed asset landscape. Often perceived as a niche domain, the stressed assets market currently encompasses the acquisition and resolution of NPLs. ....

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CBDC: Programmable, offline CBDC to drive next fintech wave, says NPCI MD

During the monetary policy meeting on February 8, RBI governor Shaktikanta Das proposed new use cases to incorporate programmability and offline functionality in CBDCs. He said the programmability use case of CBDCs will empower entities like government agencies to ensure specific benefits through payments. ....

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RBI action on Paytm Payments Bank: Regulatory compliance cannot be 'optional', says Rajeev Chandrasekhar

The issue of Paytm Payments Bank is a case where a hard-charging and aggressive entrepreneur has failed to realise the need for regulatory compliance, and that no company can get away if it is non-compliant with the law, says Union minister Rajeev Chandrasekhar ....

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