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Expansion● Neutral for Indian equities
Visa-owned Pismo live with eight institutions in India, plans expansion
The brief
- Pismo is live with eight institutions in India
- The platform is exploring credit lines on UPI as it prioritises India for FY27
- Expansion in digital banking and UPI could affect Indian banks and payments companies
- Supreme Court declines interim stay on UPI MDR levy above ₹2,000
- Supreme Court refuses to stay UPI charges above ₹2,000; seeks Centre’s explanation
- Mobile retailers plan October 2 protest against proposed 0.4% UPI MDR
- Supreme Court to hear challenge to MDR on UPI merchant payments above ₹2,000
- Who Absorbs UPI MDR? NSE CEO Rules Out Govt Talks As 0.02% Fee On Capital Markets Nears Kickoff