@adityakalra
Aditya Kalra
12 days ago
The letter argues that "it is even more unthinkable that MNCs should be allowed to be a part of consortiums applying for NUE license." The RBI instead thinks NUEs will help reduce concentration risk in India's digital payment ecosystem. Letter copy: https://t.co/pFjIGJCo5l
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@adityakalra
Aditya Kalra
12 days ago
The letter, seen by Reuters, also flags concerns around Amazon consortium getting the NUE license. It also flagged a Reuters investigation from February that showed Amazon favours select sellers on India website and uses them to bypass laws. Story: https://t.co/uA3m3TWWdw https://t.co/LGuTXv2Dyf
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