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Reserve Bank of India puts on hold NUE licensing

Published: January 8, 2023

RBI rejects suggestions from Facebook, Google, Amazon, and others to replace NPCI

Source: techstory.in

Related Topics:

Sohum BharatJan Dhan YojanaAxis BankIndian Bank AssociationTata GroupIndusind BankNational FinancialNational Payments Corporation Of IndiaKotak BankKotak Mahindra BankReserve BankNational Payments CorporationNew Umbrella EntityAirtel DigitalFola FinancialPolicy BazaarJio PlatformsPine LabsNational Financial SwitchImmediate Payments SystemDirect Benefit Transfer

RBI Puts NUE Licencing On Hold As Proposals By Consortiums Fall Short Of Expectations

Published: January 7, 2023

RBI has reportedly put the issuance of licences for the NUE network, a retail payment system that was to compete with the NPCI, on hold

Source: inc42.com

Related Topics:

Jio InfosystemsSohum BharatAxis BankIndian Bank AssociationTata GroupIndusind BankNational Payments Corporation Of IndiaKotak Mahindra BankReserve BankNational Payments CorporationUnified Payments InterfaceAirtel DigitalPine LabsFola Financial