BREAKING NEWS
Congress twisted facts, distorted my statement on Ambedkar: Amit Shah
Not God, but Constitution that saves oppressed people: Karnataka Minister Mahadevappa
One dead, 66 rescued after ferry capsizes off Mumbai coast
Mangaluru: Proposal to rename roads and circles; Objections and suggestions invited
Plant-based meat alternatives linked to increased risk of depression in vegetarians, study finds
Senior India off-spinner R Ashwin announces retirement from international cricket
‘Satellite beams turned off over India’: Elon Musk rejects claim Starlink being used in Manipur
Markets decline in early trade amid foreign fund outflows; all eyes on US Fed interest rate decision
Mysuru Development Authority Bill tabled in Karnataka Assembly
Shaw dropped from Mumbai’s Vijay Hazare squad, asks ‘what more do I have to see?’
Congress prepares for centenary celebration of Mahatma Gandhi’s historic 1924 Belagavi Session
NEET exam to be held online? Education minister Pradhan says decision to be made soon
Concept of simultaneous elections not new to India, says govt in explainer
Indian woman duped by travel agent returns home from Pakistan after 22 years
Rahul makes fifty as India reach 105/5 at rain interruption
PhonePe says services resumed; now partners ICICI Bank
PTI, Mar 8, 2020, 9:53 AM IST
Mumbai: A day after its UPI services were impacted due to an exclusive reliance on the beleaguered Yes Bank, financial app PhonePe on Saturday announced a resumption in services.
It has connected to second-largest private sector lender ICICI Bank to act as a payment service provider in place of Yes Bank to make it possible.
Its chief executive Sameer Nigam thanked ICICI Bank and the National Payments Corporation of India for making the transition possible in quick time.
After being put under a moratorium, Yes Bank was put under severe restrictions including caps on payments, which impacted its ability to settle transactions on behalf of partners like PhonePe.
At last count, there were 15 firms which were dependent on Yes Bank for the services and may be impacted in different measures.
Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.
Top News
Related Articles More
Sensex, Nifty extend losses into 3rd session on foreign fund outflows; all eyes on US Fed’s decision
Markets decline in early trade amid foreign fund outflows; all eyes on US Fed interest rate decision
MRPL commissions bitumen production unit using cutting-edge technology
DGCA issues show cause notice to Akasa Air on violation related to operations manual
Investors’ wealth down Rs 4.92 lakh crore as markets slump
MUST WATCH
Latest Additions
Congress twisted facts, distorted my statement on Ambedkar: Amit Shah
Govt will not remove temples built on Waqf properties, CM Siddaramaiah tells Assembly
Not God, but Constitution that saves oppressed people: Karnataka Minister Mahadevappa
One dead, 66 rescued after ferry capsizes off Mumbai coast
Madikeri: Companies directed to pay Rs 28 lakhs to girl who lost her parents in gas leak incident
Thanks for visiting Udayavani
You seem to have an Ad Blocker on.
To continue reading, please turn it off or whitelist Udayavani.