This will make RuPay one of the few international payment systems to be active in Russia. Moscow has faced a number of sanctions by Western countries since the war with Ukraine.
The highlight of using RuPay credit cards is that they are acquiring approval nationally and internationally. They can be used at many partner stores and ATMs across the country.
The card creates & uses an offline wallet on its own chip to store money in electronic form which can be used at Metro entry & exit gates without the need for any internet connection.
Foreign card payment network companies that fail to meet data localisation norms cannot register new customers or issue new cards in India. ThePrint explains.
Addressing the 73rd annual general meeting of the Indian Banks' Association, Finance Minister Sitharaman also asked banks to ensure all accounts are linked with Aadhaar number.
Despite growing passenger volume, 11 out of 14 carriers reported losses in 2023-24. IndiGo recorded profit of Rs 8,167 crore, which reduced to Rs 7.253 crore in 2024-25.
Of the total package, $649 million will be utilised for additional hardware, software, and support services, and the remaining for Major Defence Equipment (MDE).
None of Pakistan’s PMs has lasted 5 years. That the current PM has given Asim Munir 5 years shows that of all military dictatorships history has seen, Pakistan’s is most creative.
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