Articles tagged “Payments”
5 articles.
- NPCI and Indian payments infrastructure
Comprehensive guide to NPCI and the Indian retail payments infrastructure: the NPCI legal status under the Payment and Settlement Systems Act 2007, the major …
- UPI AutoPay for SIPs in Indian Mutual Funds
How UPI AutoPay replaced NACH e-mandates as the dominant SIP registration mechanism in India, enabling real-time mandate setup on smartphones and accelerating …
- ASBA for Mutual Fund Subscriptions in India
How the Application Supported by Blocked Amount (ASBA) mechanism works for mutual fund subscriptions, its regulatory basis, the ASBA-for-MF pilot, and its role …
- Unified Payments Interface (UPI)
UPI is India's real-time interbank payment rail built by NPCI, enabling instant fund transfers via a Virtual Payment Address across 600-plus member banks.
- Self Certified Syndicate Bank (SCSB)
An SCSB is a SEBI-designated bank authorised to receive and process ASBA applications in Indian public issues, blocking the applicant's funds in the bank.