innovationinbanking

Q)  What is CLAT? Ans) Common Law Admission Test (CLAT) is a national level entrance exam organized rotationally by 19 NLUs (National Law University). It is conducted to grant admissions to LLB and LLM courses offered at various law universities in India. The 19 participating NLU’s in the order of their year of establishment are: 1.      National Law School of India University (NLSIU), Bengaluru 2.     National Academy of Legal Study and Research (NALSAR), University of Law, Hyderabad 3.     National Law Institute University (NLIU), Bhopal 4.     The West Bengal National University of Juridical Sciences (NUJS), Kolkata 5.     National Law University (NLU), Jodhpur 6.     Hidayatullah National Law University (HNLU), Raipur 7.     Gujarat National Law University (GNLU), Gandhinagar 8.     Dr. Ram Manohar Lohiya National Law Universit...

          Do not be surprised, if the ‘Balance Enquiry’ option is not visible in Google TeZ or PhonePe           The popularity of UPI is growing by leaps and bounds. The number of high-profile internet companies in line to enter the UPI bandwagon is high.           This has prompted National Payments Corporation of India (NPCI) to take steps to safeguard sensitive customer’s financial information.           NPCI vide its Cir No. NPCI/UPI/OC No. 44/2017-18 dt. January 11th 2018, has reiterated two important guidelines.           Guideline 01) Balance Inquiry in UPI – Optional for PSP & 3rd party UPI enabled App.           Guideline 02)  No storage or usage of Customer Account Balance ...

              Gurgaon-based payments major PayU India is shutting down its mobile wallet — PayUmoney at the end of January 31, 2018, a company statement said. When a user opens the mobile wallet, it redirects users to the page where the instructions are given on how to send the unused balance to bank accounts. Citrus wallet, PayU India's another payment wallet will continue their operations, company said. Will PayuMoney transfer the unclaimed balances to charity or what will happen to the unclaimed balances? Trust the answer will be known in the coming weeks.