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NPCI cards up sleeve; India off YC radar

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Happy Wednesday! The NPCI is rolling out fresh incentives to push banks to issue more RuPay credit cards. This and more in today’s ETtech Morning Dispatch.

Also in the letter:
■ X vs India ft. Reuters
■ JSW Ventures’ third fund
■ Sygma SGS’s new plant


NPCI woos banks to swipe right on RuPay credit cards

The National Payments Corporation of India (NPCI) is dangling fresh incentives to get banks to issue more RuPay credit cards, sources told us.

The play: Instead of offering discounted rates like before, NPCI is now handing out cashbacks and…

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