Synopsis
“The payments corporation is offering retention bonus to senior staff and has taken a legal opinion on whether they can enforce the non-compete clause in their contracts if they join rival NUE entities,” stated an official, who didn’t need to be named because the talks are personal.
Mumbai: The National Payment Corporation of India (NPCI) is contemplating methods to tighten and widen non-compete clauses and retention bonuses to the contracts of a number of senior and mid-level staff forward of the entry of rival personal gamers underneath RBI’s new umbrella entity (NUE) framework.The Mumbai-based nonprofit, credited with growing key digital fee networks resembling Unified Payments Interface (UPI) and RuPay, faces a rise in
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