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Sebi to introduce alternative payment mechanism for retail IPO investors from January

Updated : November 01, 2018 06:40:20 IST

The new mechanism will increase the efficiency of the existing system and curtail the need for manual intervention.
UPI is an instant payment system developed by the National Payments Corporation of India (NPCI). It allows instant transfer of money between any two person's bank accounts using a payment address which uniquely identifies a person's bank account.
Sebi to introduce alternative payment mechanism for retail IPO investors from January
Published : November 01, 2018 06:40 PM IST

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