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Top headlines: RBI backs NPCI-type agency for fintechs, how green are EVs?

From RBI backing the creation of an NPCI-type agency for fintechs to the road ahead for electric cars in India, read today's top news stories at Business Standard

reserve bank of india, rbi
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Reserve Bank of India

RBI working committee in favour of setting up NPCI-type agency for fintechs
The newly-formed working committee of the Reserve Bank of India (RBI) is in favour of setting up an agency which will act as an umbrella institution for financial technology (fintech) firms in view of growing complaints against the collection and recovery practices deployed by some digital lending applications (apps). Read more

How green are EVs? Long, winding road ahead for electric cars in India
The electric vehicle (EV) evolution in India’s passenger vehicle market has remained frozen in time and may see limited adoption over the next