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      • It is promoted by ten major banks, including the State Bank of India, Punjab National Bank, Citibank, Bank of Baroda, and HSBC. The regulatory board of the NPCI, headquartered in Mumbai, includes nominees from the RBI along with nominees from ten core promoter banks.
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  2. National Payments Corporation of India (NPCI) has developed the National Electronic Toll Collection (NETC) program to meet the electronic tolling requirements of the Indian market. It provides an electronic payment facility to customer to make the payments at national, state and city toll plazas by identifying the vehicle uniquely through a FASTag.

  3. National Payments Corporation of India is an Umbrella Organisation that facilitates services like UPI Payment, Bharat Bill Pay, RuPay Card, FASTag, NACH, UPI & Adhaar Based Digital Payments in India. Know More.

  4. Who are the regulatory members of NPCI? Headquartered in Mumbai, the National Payments Corporation of India is an organization registered under section 8 of the Companies Act 2013. The regulating board of NPCI consists of the following members: Biswamohan Mahapatra as the Non-Executive Chairman; Nominees from the Reserve Bank of India (RBI)

    • National Payments Corporation of India
    • 2008
    • Mumbai (Maharashtra)
  5. National Payments Corporation of India (NPCI) is an Indian public sector company that operates retail payments and settlement systems in India. The organization is an initiative of the Reserve Bank of India (RBI) and the Indian Banks' Association (IBA) under the provisions of the Payment and Settlement Systems Act, 2007, for creating a robust ...

  6. Apr 17, 2024 · The National Payments Corporation of India (NPCI) is an umbrella organization for operating retail payments and settlement systems in India. It is an initiative of the Reserve Bank of India (RBI) and the Indian Banks’ Association (IBA) under the provisions of the Payment and Settlement Systems Act, 2007, for creating a robust Payment ...

  7. About us. NPCI is an umbrella organisation for all retail payment systems in India. It was set up with the support & guidance from Reserve Bank of India (RBI) & Indian Banks Association (IBA)....

  8. Jul 26, 2024 · The National Payments Corporation of India (NPCI) is a vital organization responsible for managing and promoting retail payment systems in India. Established in 2008, NPCI was founded with the support of the Reserve Bank of India (RBI) and the Indian Banks’ Association (IBA).