Analysts including Morgan Stanley and Citi said that the NPCI’s latest guidelines on interoperability significantly improve the salience of wallets and open avenues for additional […]
Tag: NPCI
Banks again fail to share subsidy with payments service cos
Two months after the National Payments Corporation (NPCI) steering committee decided on distribution of payments subsidy among banks and payment system operators, banks have yet […]
Digital credit to be rolled out this year; NRIs in 10 countries to get UPI service
The government will roll out digital credit service this year which will enable even small street vendors to avail credit from large banks, Telecom and […]
Reserve Bank of India puts on hold NUE licensing
The Reserve Bank of India (RBI) is said to have put on hold licensing of the New Umbrella Entity (NUE) network, a fintech institution planned […]
NPCI in talks with RBI on UPI volume cap deadline
National Payments Corporation of India (NPCI), which runs the UPI digital pipeline, is in talks with the Reserve Bank on implementation of its proposed December […]