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NRIs (Non-resident Indians) will be able to use UPI for processing payments

News, RBI Notifications, UpdatesJanuary 18, 2023160Views0Likes0Comments
NRIs (Non-resident Indians) will now be able to use UPI for processing payments. NPCI (National Payments Corporation of India) says that NRIs living in ten countries can now set up UPI on their international mobile numbers. According to the new guidelines, they will now be able to use international mobile numbers for bank accounts classified…

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RBI-Noification-2023

RBI’s recent notifications: Impacts on NBFCs in 2023

Bank, business loan, Economy, RBI NotificationsDecember 31, 2022453Views0Likes0Comments
Introduction As we know, NBFCs are performing an imensive job by providing credit facilities to specific niche sectors, viz., infrastructure and unbanked sections of the economy — thus, driving financial inclusion in India. And the sector has reported a total annual growth of almost 18% over the previous few years and is expected to maintain…

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