Man. HC: IT Officer to Communicate Order of Reassessment and Demand Notice Within Time  ||  Cal. HC: Same Issue through Different Appeals Can’t be Raised by LLP & its Partners under A&C Act  ||  All. HC: UOI’s Reply Sought in PIL Challenging Declaration of June 25 as 'Samvidhaan Hatya Diwas'  ||  P&H HC: If Jurisdic. AO Issues Notice u/s 148 of IT Act, Object of Faceless Assessment Gets Defeated  ||  SC: UP & Utt. Govt.’s Direction to Shop Owners on Kanwar Route to Display Owner & Staff Name, Stayed  ||  SC: Plea Seeking Permission to Political Leaders to Campaign through Virtual Mode, Dismissed  ||  SC: Opposite Party Whose Right to File WS is Closed, Can’t Bring in Pleadings through Evidence  ||  Direction by UP Govt. to Display Name of Shop Owners During Kanwar Yatra Challenged in SC  ||  Del. HC: DDA Criticized for Not Taking Measures for Beautification of District Park  ||  Order Holding that Watching Child Porn Isn’t an Offence, Recalled by Karnataka HC    

RBI releases framework for authorisation of pan-India Umbrella Entity for Retail Payments- (Reserve Bank of India) (18 Aug 2020)



Reserve Bank has today placed on its website, the 'framework for authorisation of pan-India Umbrella Entity for Retail Payments'. The framework has been released after due deliberations on the comments / feedback received on the 'draft framework for authorisation of a pan-India New Umbrella Entity for Retail Payment Systems' which was placed on Reserve Bank's website on February 10, 2020 inviting public comments. The Reserve Bank invites applications for the umbrella entity which shall be submitted in the prescribed form (Form A) till the close of business on February 26, 2021.


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