hans
Banned
Read the underlined passage.. In respect to India and Pakistan strategy since 1947. Compare the ground scenario and see who is winning the actual War.
"In the practice of the art of war, it is best to take the enemys country whole and intact. To shatter and destroy his country is inferior to this way. So, too, it is better to capture an army intact than to destroy it, better to capture a regiment, a detachment or a company intact than to destroy them. Hence to fight and win in all your battles is not the foremost excellence; to break the enemys resistance without fighting is the foremost excellence."
MUMBAI: After almost two years of planning, the National Payments Corporation has at last finalised the proposed unique India Card which once commercially launched would be an domestic alternative to the global real-time payment processing firms like Visa and MasterCard.
"We have finalised name of the proposed card as Rupay at our board meeting here today. We have also finalised the logo for the same," a senior official of the RBI-set up National Payments Corporation of India (NPCI), told PTI this evening. The official sought not to be named.
The official further said the leading financial consultancy firm Ernst & Young(E&Y) will develop and roll out the entire architecture, including the design and software for the Rupay card rollout.
A senior E&Y official confirmed the development to this agency. He further said, the NPCI will initially launch a domestic ATM/debit cards to begin with and then would hit the credit card market later on.
In 2009, the RBI had asked the Indian Banks Association to launch a not-for-profit company and design a rival card, then tentatively called India Card, that meets the requirements of the domestic banks.
And finally, RBI plan is materialising and Rupay will be like the Union Pay of China, which is the domestic real-time payment processing firm for Chinese banks, and was planned to be launched last year.
In short I am pointing out that Some one some where is about to launch a Credit Card based on there local Currency, and that particular card will be hold credibility through out the financial world.
"In the practice of the art of war, it is best to take the enemys country whole and intact. To shatter and destroy his country is inferior to this way. So, too, it is better to capture an army intact than to destroy it, better to capture a regiment, a detachment or a company intact than to destroy them. Hence to fight and win in all your battles is not the foremost excellence; to break the enemys resistance without fighting is the foremost excellence."
MUMBAI: After almost two years of planning, the National Payments Corporation has at last finalised the proposed unique India Card which once commercially launched would be an domestic alternative to the global real-time payment processing firms like Visa and MasterCard.
"We have finalised name of the proposed card as Rupay at our board meeting here today. We have also finalised the logo for the same," a senior official of the RBI-set up National Payments Corporation of India (NPCI), told PTI this evening. The official sought not to be named.
The official further said the leading financial consultancy firm Ernst & Young(E&Y) will develop and roll out the entire architecture, including the design and software for the Rupay card rollout.
A senior E&Y official confirmed the development to this agency. He further said, the NPCI will initially launch a domestic ATM/debit cards to begin with and then would hit the credit card market later on.
In 2009, the RBI had asked the Indian Banks Association to launch a not-for-profit company and design a rival card, then tentatively called India Card, that meets the requirements of the domestic banks.
And finally, RBI plan is materialising and Rupay will be like the Union Pay of China, which is the domestic real-time payment processing firm for Chinese banks, and was planned to be launched last year.
In short I am pointing out that Some one some where is about to launch a Credit Card based on there local Currency, and that particular card will be hold credibility through out the financial world.
