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Synopsis ETtech Equity in education isn’t the only major victim of a glaring digital divide. Equity ownership in primary listings also hinges as much on the robustness of India s tech backbone – as evidenced in the latest flurry of digital mandates for top-flight IPOs. UPI mandates in June have also highlighted the gap in technology infrastructure between large private sector banks and their smaller public sector counterparts, with the differential in failure rates worrying ecosystem stakeholders about the industry’s capability to handle increased mandate loads ahead of mega public listings scheduled later this year. Punjab National Bank (43.51%), Indian Overseas Bank (37.76%), The Mehsana Urban Co-Op Bank (60.62%), Punjab and Sind Bank (64.78%) and AU Small Finance Bank (65.15%) showed UPI mandate success rates lower than at leading private sector banks, data sourced from the National Payments Corporation of India showed.

Shyam metalicsIndian overseas bankAxis bankLife insurance corpPunjab national bankSind bankKrishna institute of medical sciencesNational payments corporation of indiaStop bankAu small finance bankExchange board of indiaMehsana urban coKotak mahindra bankNational bankMehsana urban co op bankFinance bank