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• Online payments solution company PayU announced the acceptance of ‘Credit Lines on UPI’ feature on its platform, in collaboration with the National Payments Corporation of India (NPCI). • The integration enables PayU’s merchants to accept digital payments via credit line. • The enablement of pre-sanctioned credit lines by banks through UPI will empower businesses and consumers alike, fostering India’s financial inclusion agenda • In August last year, PayU had reached an agreement with Rapyd, a fintech-as-a-service provider, to sell its Global Payments Organisation (GPO) for a total cash consideration of $610 million to enable PayU to focus on the large payments and fintech opportunity in India. Learn Along: About NPCI • National Payments Corporation of India (NPCI), an umbrella organisation for operating retail payments and settlement systems in India, is an initiative of Reserve Bank of India (RBI) and Indian Banks’ Association (IBA) under the provisions of the Payment and Settlement Systems Act, 2007, for creating a robust Payment & Settlement Infrastructure in India. • Non Executive Chairman and Independent Director: Mr. Ajay Kumar Choudhary
Who has the power to grant immunity under SEBI Act, 1992?
Which of the following provide accreditation to testing and calibration of clinical laboratories in the country?
A agrees to sell to B, for Rs. 1,000, “my white horse”. A has two white horses.
In which of the contingencies Article 31 A (1) of Indian Constitution applies?
Which Section of the Indian Penal Code. 1860 deals with right to private defence of body and property?
Offence under section 232 of Indian Penal Code, 1860 is:-
A promissory note or bill of exchange, dated 31st August, 1878, is made payable three months after date. The instrument is at maturity on the
Sec 12 of the Chhattisgarh rent control Act is related to:
Who is entitled to legal services under the Legal Service Authorities Act?
What does the principle of Noscitur a Sociis suggest about interpreting the meaning of words in a statute?
