Continuation of Phase II of Unified Payments Interface with Application Supported by Block Amount due to Covid-19 virus pandemic

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..... hare Transfer Agents Registered Depository Participants Registered Bankers to an Issue National Payments Corporation of India Dear Sir / Madam, Sub: Continuation of Phase II of Unified Payments Interface with Application Supported by Block Amount due to Covid-19 virus pandemic 1. Vide SEBI Circular SEBI/HO/CFD/DCR2/CIR/P/2019/133 dated November 08, 2019, the timeline for implementation of Ph .....

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..... ers are sparsely populated may not be workable, it has been decided to continue with the current Phase II of the UPI ASBA till further notice. 4. The modalities for the implementation of the Phase III of the UPI ASBA shall be notified later after deliberations with stakeholders. 5. This circular is being issued in exercise of the powers under section 11 read with section 11A of the Securities an .....

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