HDFC Bank launches its UPI on Chillr

Country's second largest private sector lender HDFC Bank today launched its unified payment interface app on the fintech startup Chillr.
"Our association with Chillr goes back to the start-up's early days. With this launch, we are taking it to the next level," its country head for digital banking Nitin Chugh said in a statement.
The UPI on Chillr is in addition to the same facility available on the bank's mobile banking application.
Chillr has been running on IMPS with 11 banks prior to the launch and has achieved a milestone of monthly transaction value of over Rs 500 crore, it said, adding customers of 33 more banks will be able to use its services after today's launch. PTI AA

.............................................................
The National Payments Corporation of India today said it has disbursed Rs 245 crore to 18 lakh prize winners of Niti Aayog's schemes for consumers and merchants.

Lucky Grahak Yojna (LGY) and Digi-Dhan Vyapar Yojna (DVY) were launched on December 25, 2016 to incentivise both consumers and merchants to promote digital payments.
15,000 daily winners qualify for a prize money of Rs 1.5 crore and over 14,000 weekly winners qualify for total prize money of over Rs 8.3 crore every week.
Majority of the winners are in the age group of 21 to 30 years, but a "good number" of then are above 60 years, it said in the statement. PTI AA

..............................................................
Consultancy firm Alvarez and Marsal today said it has hired rival PwC's director for strategy Suman Jagdev and appointed him as a senior director.
He will lead automotive and industrial sectors with a focus on transaction advisory and performance improvement, a statement issued here said.
Its managing director Manish Saigal said it sees immense potential and opportunities for growth in the auto sector.