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dilip asbe: Whatever is not written in regulation, means a ‘No’: NPCI chief Dilip Asbe

The chief of National Payments Corporation of India (NPCI), Dilip Asbe, on Friday emphasised that fintech founders cannot build a long-term business in the space without compliance.Asbe said there are no grey areas in Indian fintech.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIndian School of BusinessISB Professional Certificate in Product ManagementVisitIndian School of BusinessISB Product ManagementVisitIIM LucknowIIML Executive Programme in FinTech, Banking & Applied Risk…

UPI in india: UPI wouldn’t be possible if NPCI were not in Mumbai, says Dilip Asbe

The United Payments Interface (UPI) would not have been possible to build if the National Payments Corporation of India (NPCI) were not based in Mumbai, MD and CEO Dilip Asbe said on Sunday at the Mumbai Tech Week.“I don't think it would have been possible to build it (UPI) if it was not in Mumbai because RBI is based out of here and any such infrastructure requires a marathon effort,” Asbe said during a panel discussion with Jay Kotak, co-head of Kotak811 and MN Srinivasu, cofounder and director of Bill Desk.Elevate Your…

Comedian Kapil Sharma vs DC2 Founder Dilip Chhabria: The Cheating Scandal Unveiled

We all know that stand-up comedian and actor Kapil Sharma had filed a case against Dilip Chhabria – popular car designer for cheating. He even got Mr. Chhabria arrested. We have already written about this case in one of our articles in the past. If you want to know more about this particular case, click here. Now Kapil Sharma has told Enforcement Directorate (ED) that Dilip Chhabria tried to shift the blame onto him for non-delivery of a vehicle that he had ordered and tried to extract money from him illegally. Kapil…

Barely 10% of total global IT spend is on cloud services: Dilip Kumar, Global VP – AWS Applications

The opportunity to modernise and move applications to the cloud is significant for companies of all sizes. “The speed of cloud adoption doesn’t matter; what’s important is reaping the benefits,” says Dilip Kumar, vice-president, AWS Applications. He talks to Sudhir Chowdhary on how he plans to drive a growing category of AWS services. Excerpts: How is AWS addressing the changing trends in the enterprise technology space? We are observing several trends that resonate with customers and are driving advancements.…

Npci: There has to be a governance layer if you operate in financial services sector: NPCI chief Dilip Asbe

There is no need for Indian fintech firms to operate in a grey area as new public infrastructure projects such as Open Credit Enablement Network (OCEN) and Unified Payments Interface (UPI) are providing huge opportunities for founders, said Dilip Asbe, the CEO of the National Payments Corporation of India (NPCI). “When fintechs are small, operate in a grey area and no one comes and asks you to stop... But once you are significant then you will be stopped. There has to be a governance layer if you’re in financial services…

ED files money laundering case against Dilip Chhabria of DC Motors

The Enforcement Directorate (ED) on Thursday conducted searches at premises linked to the DC Motors owner Dilip Chhabria. The searches were conducted at six premises located in Mumbai and Pune. Post the searches, the ED has registered a money laundering case against Dilip Chhabria. While there is no official statement from ED or DC Motors on the development, a source of India Today confirmed the news. ED has registered the money laundering case on the basis of cases filed in 2020 by the Crime Intelligence Unit (CIU)…