Discover and read the best of Twitter Threads about #nue

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What’s all this fuss about #NUE? New Umbrella Entity!
One of India’s feather in the cap is its Digital payments system initiative - NPCI and its various products. It has put #India on a global map!

A thread...! (1/n)
Many developed economies such as the US & UK are trying to emulate India in this field that stands as a testimony for its success.

So, we are the best in Digital payments, right? So why bother?

As the famous quote says, 'Well begun is half done!
(2/n)
The current NPCI which is an umbrella entity is the sole/monopoly that takes care of the entire range of digital payments.

So, what if it’s a monopoly? Bollywood ka Badshah bhi toh ek hi hai? @iamsrk ;)

(3/n)
Read 22 tweets
#ComingUp: Big newsbreak on @BiIndia, stay tuned.

@SanchDash Image
@SanchDash #EXCLUSIVE: India's largest insurer #LIC is inviting bids from payment aggregators⁠

businessinsider.in/finance/news/i…

By @SanchDash Image
@SanchDash The Life Insurance Corporation of India (#LIC), the country’s largest and over half a century old insurer, has a golden egg for India’s payment gateway operators.
Read 17 tweets

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