New Delhi: The National Payments Corporation of India (NPCI), which operates UPI, issued a circular on July 10 introducing new guidelines regarding pre-sanctioned credit lines. The NPCI has instructed all UPI member banks, sub-members, PSPs, credit line issuers and third-party app providers to implement these changes before August 31, 2025.
In September 2023, NPCI issued a circular enabling the operations of pre-sanctioned credit lines on UPI.
The UPI system was initially limited to savings accounts, overdraft accounts, prepaid wallets and Rupay credit cards. This was expanded to include credit lines as...
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New Delhi: National Payments Corporation of India (NPCI), an umbrella organisation for operating retail payments and settlement systems in India has shared simple and...
This is an AI-generated image, used for representational purposes only. The National Payments Corporation of India (NPCI) has secured a landmark land deal...
Grace PickettAs well as earning money, working part-time while at school, college or university, or during holidays can also help boost your CV when...