The Reserve Bank on Thursday asked Urban Cooperative Banks (UCBs) not to create any honorary position or title such as Chairman Emeritus and Group Chairman at the board level as it results in the creation of a shadow authority.
NPCI International Payments Ltd (NIPL), the International arm of the National Payment Corporation of India has announced that BHIM UPI is now live at NEOPAY terminals across the UAE.
The India Post Payments Bank (IPPB) has launched an initiative called Fincluvation, as a part of the occasion of the Azadi ka Amrit Mahotsav to celebrate the 75th anniversary of Indian Independence.