Search results
Results from the WOW.Com Content Network
To streamline payment process for buyers, sellers and logistics partners, Razorpay is going to integrate payment reconciliation service on ONDC to provide single view of all transactions. [98] It will be available to all network participants and will validate every transactions with audit trail for documentation.
The data for states and union territory is from niti.gov.in. [1] [2] As per NITI Aayog Innovation Report Book, Innovation is defined as "creation, development and implementation of a new product, process or service, with the aim of improving efficiency, effectiveness or competitive advantage".
The NITI Aayog (lit. ' Policy Commission '; abbreviation for National Institution for Transforming India) serves as the apex public policy think tank of the Government of the Republic of India, and the nodal agency tasked with catalyzing economic development, and fostering cooperative federalism and moving away from bargaining federalism through the involvement of State Governments of India in ...
National Payments Corporation of India (NPCI) is an Indian public sector company that operates retail payments and settlement systems in India. The organization is an initiative of the Reserve Bank of India (RBI) and the Indian Banks' Association (IBA) under the provisions of the Payment and Settlement Systems Act, 2007, for creating a robust payment and settlement infrastructure in India.
RuPay (portmanteau of Rupee and Payment) is an Indian multinational financial services and payment service system, conceived and owned by the National Payments Corporation of India (NPCI). It was launched in 2012, to fulfil the Reserve Bank of India 's (RBI) vision of establishing a domestic, open and multilateral system of payments.
In special cases, payment providers and banks may get an exemption of 6 months for compliance. The report of breaching 30% market cap must reach NPCI within first five working days with plan for corrective measures. During the same period, payment providers and banks must inform new customers about the issue.
[1] [2] The NHCX aims to standardize and simplify the exchange of health claims, making it easier for insurance companies, government schemes, and healthcare providers like hospitals and labs to share data, documents, and images. This system will also make claims processing more transparent and efficient, lowering operational costs. [3] [4]
The first meeting of NITI Aayog was chaired by Narendra Modi on 8 February 2015. NITI Aayog's mandate is to support the center and the states in transforming India by promoting cooperative federalism by fostering the involvement of State Governments of India in the economic policy-making process using a bottom-up approach. The Governing Council ...