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    <title>Continuation of Phase II of Unified Payments Interface with Application Supported by Block Amount due to Covid-19 virus pandemic</title>
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    <description>UPI ASBA Phase II is continued until further notice due to Covid 19 related operational constraints; advancement to Phase III is deferred pending stakeholder deliberations and notification of modalities. The circular is issued under the powers of section 11 read with section 11A of the SEBI Act and communicated to exchanges, intermediaries and the payments corporation.</description>
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