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...
08 Jun, 2021, 11.37 PM IST
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...
08 Jun, 2021, 08.48 AM IST
Paytm plans to launch India’s biggest IPO later this yearPaytm, housed under Vijay Shekhar Sharma's One97 Communications, is targeting a valuation of around $25 billion to $30 billion from the IPO...
28 May, 2021, 11.10 AM IST
Six consortiums apply to RBI for NUE licence for retail paymentsThis includes consortiums are led by Paytm, India Post and Fintech startup iserveU.
01 Apr, 2021, 12.46 PM IST
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...
24 Mar, 2021, 05.00 AM IST
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...
20 Mar, 2021, 12.11 AM IST
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...
09 Mar, 2021, 08.53 PM IST
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...
09 Mar, 2021, 07.58 PM IST
‘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 ...
02 Mar, 2021, 05.01 AM IST
Paytm clocked 1.2 billion transactions across platforms in FebruaryPaytm, operated by Vijay Shekhar Sharma’s One97 Communications, consistently reports third-highest UPI transaction volumes behind PhonePe a...
01 Mar, 2021, 05.01 AM IST
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...
26 Feb, 2021, 09.11 AM IST
Paytm, Ola eye NUE licence with IndusInd Bank to rival NPCIPaytm and Ola — two of India’s largest startups — have joined hands with private sector lender IndusInd Bank to apply for a New Umbrella En...
26 Feb, 2021, 07.48 AM IST
Walmart could join other tech giants in picking up stake in one of the NUEsPeople close to the situation said that at least two consortium players preparing to apply for the coveted NUE license have approached Walm...
08 Dec, 2020, 06.39 PM IST
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...
02 Dec, 2020, 10.13 AM IST
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 ...
16 Nov, 2020, 10.25 AM IST
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...
28 Sep, 2020, 12.52 PM IST
RBI’s call to form payments entity catches India Inc fancyReliance, Paytm & BSE are among those interested in securing licences to run an entity with powers like NPCI.
28 Apr, 2020, 04.35 PM IST