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While the Reserve Bank of India has not made a conclusive statement on the matter, it appears that the project is currently in limbo.
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While the Reserve Bank of India has not made a conclusive statement on the matter, it appears that the project is currently in limbo.
By setting up a five-member panel, the RBI may be moving ahead with its NUE programme after all.
As a part of its plan, the RBI had provided details on who could bid for licenses and set up operating parameters; it had...
This is our inaugural daily digest, bringing you quick updates on the tech space, policy making and digital rights from India and across the...
Policybazaar will join the New Umbrella Entity (NUE) consortium led by Paytm, IndusInd Bank and Ola Financial Services, the Economic Times reported. The consortium...
The National Payments Corporation of India (NPCI) is feeling the pressure as the Reserve Bank of India (RBI) will issue licenses, in the coming...
Some of India’s leading startups, fintechs, large banks and corporates, alongside a few global financial giants and tech companies, have come together, all to...
Flipkart, Mastercard and PayU will join the Tata Group-led consortium to create a digital payments New Umbrella Entity (NUE), the Economic Times reported. The...
The Tata Group has taken over State Bank of India and Bank of Baroda’s bid for a Reserve Bank of India (RBI) license to...
Paytm, Ola Financial Services and IndusInd Bank will submit a joint proposal to set up a New Umbrella Entity (NUE) for retail payments in...
