The Fine Print Behind the UPI MDR Debate
This video captures the economics, the loopholes, who actually wins if MDR returns, and why the government might be playing a longer game than just UPI.
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This video captures the economics, the loopholes, who actually wins if MDR returns, and why the government might be playing a longer game than just UPI.
The proposed amendment, tabled by FM Nirmala Sitharaman, marks a shift from the existing legal framework, under which UPI enjoys a statutory exemption from MDR.
In his new role as Executive Director, Gunveer Singh will oversee the Department of Payment and Settlement Systems.
A decade-old debate ends with government formalizing oversight of payments through Payments Regulatory Board, redefining roles across RBI, NPCI and fintech.
According to Sebi, directors failed to discharge duties with unbiased approach while decision-making with respect to matters involving benefits to Paytm CEO Vijay Shekhar Sharma.
As part of the September 30 settlement, BharatPe has withdrawn both civil and criminal complaint against Grover and his family.
And for those curious minds, The Head and Tale has learnt that the settlement wasn’t unanimous.
As part of the settlement, Grover is also returning shares to co-founder Bhavik Koladiya, resolving the share ownership dispute.