Indian Banks Association & State Bank of India

Indian Banks Association: Prohibited from including advocates in Caution List for negligence; must rely on Bar Councils for disciplinary action.

State Bank of India: Its circulars on Caution Lists were clarified as applicable only to fraud, not professional negligence.

Indian Banks Association: IBA, as a co-founder of NPCI, is associated with the success of UPI. The growth in digital payments supports the banking sector's move towards digitalization and financial inclusion.

State Bank of India: As a co-founder of NPCI, the RBI benefits from the success of UPI, which aligns with its goals of promoting digital payments and financial inclusion. The record growth reflects positively on the central bank's initiatives.

Indian Banks Association: Indian Banks Association is one of the founding bodies of India — National Payments Corporation of India, which is expanding its international payment services.

State Bank of India: State Bank of India is one of the founding bodies of India — National Payments Corporation of India, which is expanding its international payment services.