Editorial VISA vs Rupay. Who will the Indian Government Support? According to a recent Reuters report, American multinational VISA has complained to the United States government that the Indian government is ‘promoting’ domestic rival RuPay, making it an uneven playing field for other foreign rivals. VISA believes that India’s formal and informal policies favour the National Payments Corporation of India (NPCI) against other payment networks. […] Written by marketfeed Team December 8, 2021April 21, 2022
Editorial What is e-RUPI: The Future Of Payments in India? e-RUPI has been in the news for a while now. PM Narendra Modi officially announced the launch of e-RUPI on August 2, 2021. It is an initiative by the National Payments Corporation of India (NPCI) in association with the Department of Financial Services (DFS), National Health Authority (NHA), and the Ministry of Health and Family […] Written by marketfeed Team August 12, 2021April 21, 2022
Market News Top 10 News Bank NPAs Could Rise To 9.8% in March 2022, says RBI – Top Indian Market News Bank NPAs could rise to 9.8% in March 2022, says RBI The Reserve Bank of India (RBI) has said in its Financial Stability Report that Non-Performing Assets (NPA) at Scheduled Commercial Banks (SCBs) could rise to anywhere between 9.8% to 11.2% by March 2022. The Gross NPA ratio for SCBs stood at 7.4% in March […] Written by marketfeed Team July 2, 2021April 21, 2022
Editorial The UPI Transaction Cap – All You Need To Know On 5th November, an official notification from the National Payment Corporation of India (NPCI) came as a bitter surprise for digital payment companies. The notice stated that the amount of UPI transactions on third-party applications would be capped at 30%. This would impact firms such as Google Pay and PhonePe, and also consumers like you […] Written by Cherian Varghese November 10, 2020August 31, 2022
