Sebi extends phase 1 implementation of UPI for retail IPO investors till June 301 min read . Updated: 03 Apr 2019, 06:51 PM IST
- UPI is an instant payment system developed by the National Payments Corporation of India
- The timeline for implementing phase 2 and phase 3 shall remain unchanged from the date of completion of phase 1
NEW DELHI : Markets regulator Sebi Wednesday extended the timeline for the implementation of phase 1 of Unified Payments Interface (UPI) as an alternative payment mechanism for retail investors buying shares in a public issue.
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