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Proliant Settlement Systems Continues Expansion with Addition of Great Northern Title Share Article Great Northern TItle “At the onset of a business, the upfront costs are exorbitant and that’s why a lot of businesses fail,” says Nofar. “The Proliant model allows the franchisee to have a fighting chance to be successful in the industry because they have streamlined the process of becoming a title agent. AUBURN HILLS and STERLING HEIGHTS, Mich. (PRWEB) April 06, 2021 Proliant Settlement Systems, LLC is pleased to announce...

RBI rejigs portfolios of deputy governors Top Searches RBI rejigs portfolios of deputy governors PTI / Apr 5, 2021, 20:29 IST FacebookTwitterLinkedinEMail MUMBAI: The Reserve Bank on Monday rejigged portfolios of its deputy governors, with the key monetary policy department remaining with Michael Debabrata Patra. The reshuffle follows the retirement of deputy governor B P Kanungo from the Reserve Bank of India (RBI) on completion of his one-year extension. As deputy governor, Kanungo headed the departments of currency management, information technology, payment and settlement systems, fore...

Unified Payments Interface (UPI), the flagship payments platform of National Payments Corporation of India (NPCI), topped the Rs 5 trillion mark in value of transactions in March. It is nearing the 3 billion mark per month in transaction volume. According to NPCI data for March, UPI recorded 2.73 billion transactions amounting to Rs 5.04 trillion, up 19 per cent in February both in terms of value and volume. In February, it had recorded around 2.3 billion transactions amounting to Rs 4.25 trillion. If compared to the same period last year, UPI’s volume and value have grown by 120 per cen...

03 March 2021 The Tata Group is reported to have taken over State Bank of India and Bank of Baroda’s bid for a Reserve Bank of India (RBI) licence to set up a New Umbrella Entity (NUE) for retail payments in the country, the Economic Times reported.  The move to apply for a NUE licence is part of a concerted effort by the group to develop and roll-out its Super App, for a big entry in the online retail space and set up competition with Reliance and Amazon. RBI is reported to have rejected the bids of state-run SBI and BoB for setting up the NUE, which has since been lapped up by Tata Group...

The Tata Group has taken over SBI and Bank of Baroda's bid for a RBI license to set up a New Umbrella Entity (NUE) for retail payments.