NPCI International Payments Ltd (NIPL), the international arm of NPCI, has entered the UAE market by partnering with NeoPay, the payment subsidiary of Mashreq Bank. BHIM UPI service has been made live on NeoPay terminals.
The Reserve Bank has launched the next round of the quarterly Industrial Outlook Survey (IOS) to assess business sentiment for the current quarter and expectations for the ensuing three-month period.