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- Cholamandalam Investment and Finance Co. Ltd. (Chola) has joined a consortium ‘Vishwakarma Payments Pvt. Ltd.’ for retail payments. Chola said in a filing that it is part of the consortium, which includes FSS, Zoho, Zerodha and RazorPay, that has applied for an umbrella entity licence for retail payments to the RBI.
www.thehindu.com/business/chola-joins-consortium-for-retail-payments/article34257252.ece
Retail Payments with RBI. With aspirations to fuel a less-cash and more-digital micro-payments economy, RBI has set up a framework to authorise pan-India Umbrella Entities that will focus on retail payment systems.
Apr 7, 2021 · Chennai: Subsidiary of Murugappa Group, Cholamandalam Investment and Finance Company Limited (Chola), has announced to participate in a consortium — Vishwakarma Payments Pvt. Ltd., that has applied for an NUE (New Umbrella Entity) license for Retail Payments with RBI. Vishwakarma Payments was incorporated in India under the Companies Act in 2013.
Apr 7, 2021 · Cholamandalam Investment and Finance Company announced that it is one of the companies participating in a consortium of Vishwakarma Payments, that has applied for a new umbrella entity license for retail payments with RBI.
Apr 6, 2021 · Cholamandalam Investment and Finance Co. Ltd. (Chola) has joined a consortium ‘Vishwakarma Payments Pvt. Ltd.’ for retail payments. Chola said in a filing that it is part of the consortium,...
Apr 7, 2021 · Cholamandalam Investment and Finance Company Limited (Chola), the financial services arm of Murugappa Group, recently announced that it will be one of the companies participating in a consortium – Vishwakarma Payments, that has applied for an New Umbrella Entity license for Retail Payments with RBI.
Apr 6, 2021 · Cholamandalam Investment and Finance Company (Chola), the financial services arm of over Rs 38,000-crore Murugappa Group, on Tuesday announced that it has joined the consortium — Vishwakarma...
We wish to inform you that the Company has joined a consortium for retail payments ‐ Vishwakarma Payments Pvt Ltd., that has applied for a New Umbrella Entity license for Retail Payments with RBI.