Horse figurines move on an Alfastreet Royal Derby horse-racing machine on display at the Global Gaming Expo Asia (G2E Asia) in Macau, China. (Photographer: Anthony Kwan/Bloomberg)
The National Payments Corporation of India, which enables the country’s digital payment and settlement systems, is set to get a competitor after operating as a monopoly for the last eleven years of its existence. What more? The competitor will have the blessings of the Reserve Bank of India, which created NPCI as well.In a set of draft guidelines issued on Feb.10, the banking regulator said it would seek applications for a ‘New Umbre...