Fitch Ratings has cut India's economic growth forecast to 8.4 per cent, earlier it was estimated at 8.7 per cent for the current fiscal year (2021-22, or FY22).
In this regard, PayPhi, Phi Commerce's API (Application programming interface) first digital payments platform, became the first certified tokenization service for NTS supporting tokenization of RuPay cards.
The Reserve Bank of India (RBI) imposes several restrictions on Nagar Urban Co-operative Bank Ltd, Ahmednagar, Maharashtra, including restrictions on withdrawals up to Rs. 10,000 for customers.
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