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NUE LICENCE
Reserve Bank of India puts on hold NUE licensingThe regulator will not grant permission to any of the six consortiums to commence business as all of them have fallen short of the RBI's ex...- PwC resigns as auditor of Financial SoftwareThe company has appointed S Vishwanathan as the new auditor, Care Ratings said in its latest ratings report. The ratings firm assigned a 'B...
- RBI to set up five-member panel on NUE licencesThe Reserve Bank of India (RBI) will set up a committee to scrutinise applications and give recommendations on new umbrella entity (NUE) li...
- SBI staff union, global associations ask RBI to rethink NUE policyAs many as six consortiums, including one led by multinational company Amazon, have applied for a New Umbrella Entity (NUE) licence from th...
- NUE licences may come only by November, say sourcesSix consortiums, including those led by Reliance Industries, Tata Group, Axis-ICICI Bank, Paytm, India Post and fintech startup iserveU, ha...
- RIL plans global payments play via NUEThe NUE will be jointly promoted by an RIL unit and Infibeam Avenue subsidiary So Hum Bharat along with two global giants - Facebook and Go...
- Six consortiums apply to RBI for NUE licence for retail paymentsThis includes consortiums are led by Paytm, India Post and Fintech startup iserveU.
- Policybazaar to team up with Paytm, Ola and IndusInd Bank for NUE bidPolicyBazaar and others have set up an entity called Foster Payment Network which will front the NUE bid under Reserve Bank of India’s fram...
- View: The issues with RBI's plan to set up 'NUE' entity for retail paymentsNUEs seek to set up, manage and operate new payment systems — therefore, replicate and augment the Unified Payments Interface (UPI) network...
- Paytm’s NUE edgeAlso in today’s ETtech Evening Briefing: Delhi High Court serves notice to government over new IT rules; Binance CEO wants countries to emb...
- Paytm NUE will stand apart from rivals’, Vijay Shekhar Sharma saysPaytm’s new umbrella entity (NUE) will differentiate itself from rivals because of its diverse set of consortium partnerships, CEO Vijay Sh...
- SBI isn’t giving up on NUE licence yetState Bank of India (SBI) has told the finance ministry that keeping the country’s biggest mass lender out of RBI’s New Umbrella Entity (NU...
- ‘Conflict of Interest’ may hit Mastercard and Visa’s NUE licence plansAs of now there's no clarity on whether Visa and Mastercard's presence in a New Umbrella Entity (NUE) for digital payments will be seen as ...
- Exclusive: Tata Group takes over SBI bid for NUE licence from RBITata Group will promote its digital payments entity through its subsidiary Ferbine Pvt. Ltd., in which Bharti Airtel, HDFC Bank and Kotak M...
- Scoop: Reliance partners Google, Facebook in seeking NUE licence from RBIThe new umbrella entity (NUE) will be jointly promoted by a Reliance unit and Infibeam Avenues' So Hum Bharat, while Facebook and Google wi...
- ETtech Exclusive: Paytm, Ola and IndusInd Bank team up to apply for NUE licenceVijay Shekhar Sharma-led Paytm is expected to play a leading role in the consortium, in which Ola Financial and IndusInd Bank will have sig...
- Yes Bank eyes 10% stake in So Hum BharatNUE will challenge NPCI and is expected to offer services like managing ATMs, point-of-sale machines, Aadhaar-based payments and remittance...
- NPCI considering ways to tighten non-compete clauses to contracts of senior, mid-level employees“The payments corporation is offering retention bonus to senior staff and has taken a legal opinion on whether they can enforce the non-com...
- Fintech execs eye new e-pay entity’s licenceItzCash founder Navin Surya and Infibeam Avenues executive director Vishwas Patel are joining forces to set up a new firm to apply for the ...
- NUE rival emerging for NPCI in So Hum BharatThe digital payments venture is in talks with a series of prospective investors and partners to raise an additional Rs 500- Rs 600 crore ov...
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