Category Archives: banks

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Exclusive: How the RBI Forced National Payments Body to Hire Government Favourite as CEO

Exclusive: How the RBI Forced National Payments Body to Hire Government Favourite as CEOA few board directors may resign in protest in the coming weeks. The RBI’s intervention has raised troubling questions. Key highlights: 1) In October 2017, NPCI board voted decisively to appoint Visa’s Uttam Nayak as CEO and MD. 2) The decision was… Read More »

JPMorgan, Bank of America Say No to Crypto Transactions on Credit Cards

The post JPMorgan, Bank of America Say No to Crypto Transactions on Credit Cards appeared first on CCN The top two US banks took what little wind was left in investors’ sails today. JPMorgan Chase and Bank of America have both placed a ban on cryptocurrency transactions via credit cards, according to Bloomberg reports. The… Read More »