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NUE LICENCE PLANS
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...- Paytm's Rs 740-crore loan to founderPaytm, slated to go public in November, plans to loan Rs 740 crore to its founder Vijay Shekhar Sharma to fund his purchase of an insurance...
- 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...
- Galloping UnicornsIn today's ETtech Morning Dispatch newsletter: startup fundraising touched a record high in Q4, TikTok restructuring its India team and Rel...
- Licence to billIn today's ETtech Morning Dispatch newsletter: PolicyBazaar's NUE foray; Amazon's Amit Agarwal on e-commerce FDI policy; and what's next fo...
- 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...
- Flipkart, Mastercard, Nabard and PayU to hold 30% in Tata NUEIf it gets the RBI nod for a NUE licence, Tata’s new umbrella entity Ferbine may build a pan-India payment network similar to UPI for a set...
- ‘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 ...
- Reliance, Google, Facebook, Infibeam's NUE bid: What does this mean?Experts say that a successful bid for NUE is set to add to the company's plans to make further inroads into the buoyant digital space. Muke...
- 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...
- Scoop: Amazon-ICICI Bank-Axis Bank ready with NUE plan to rival UPIAlong with ICICI Bank and Axis Bank, Amazon has also partnered with fintech startups Pine Labs and BillDesk to set a 'New Umbrella Entity' ...
- 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...
- Prospective NUE applicants want clarity from RBIAt least two leading consortiums vying to set up pan-India retail payment networks have written to the central bank to confirm the status o...
- IBA, PCI in talks to set up regulatory body for digital paymentsThis will be under the Reserve Bank of India's newly issued Self-Regulatory Organization (SRO) framework for Payment System Operators.
- SBI, HDFC Bank & BoB may team up for a NUE payments entitySeveral other lenders, a large technology firm, a card operator and a few payment network players are also expected to join the proposed ba...
- SBI may use Yono, SBI Cards’ strengths to take on NPCI“In any payment system, the State Bank of India is the largest player. We have multiple offerings including one of the largest card issuanc...
- Visa and Mastercard are firming up plans to increase competition against NPCIThe companies – among the most valued financial entities on the planet – are pursuing partnership opportunities with prospective applicants...
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