Tata Group ties up with Airtel, HDFC Bank & others to join NUE race
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Tata Motors Launches First-Ever Electric Truck To Widen EV Focus The Tata Group has taken over State Bank of India’s (SBI) bid for setting up a New Umbrella Entity (NUE), which will have functions similar to the state-owned National Payments Corporation of India (NPCI). Earlier reports had indicated that SBI’s proposal for setting up an NUE with HDFC Bank and Bank of Baroda, was flagged by the finance ministry.