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      • National Payments Corporation of India (NPCI) has hived off the UPI-based payment application Bharat Interface for Money (Bhim) as a separate subsidiary to address the growing demand for digital transactions in the country and to promote financial inclusion, the retail payment body said on Tuesday.
      economictimes.indiatimes.com/tech/technology/npci-incorporates-npci-bhim-services-as-a-wholly-owned-subsidiary/articleshow/112488623.cms
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  2. Aug 13, 2024 · The National Payments Corporation of India (NPCI) has hived off the payments app Bharat Interface for Money (BHIM) as a new entity.

    • Sayan Sen
  3. Aug 14, 2024 · The National Payments Corporation of India (NPCI) is spinning off its Bharat Interface for Money (BHIM) app into a standalone subsidiary to bolster its presence in the digital payments market. Lalitha Nataraj, previously with IDFC FIRST Bank and ICICI Bank, has been appointed as CEO of this new entity. Strategic Move

  4. Aug 13, 2024 · Mumbai: BHIM (Bharat Interface for Money), the payment app launched by the National Payments Corporation in December 2016 in the wake of demonetisation, has been carved out as a separate subsidiary by the National Payments Corporation of India.

  5. Aug 13, 2024 · The National Payments Corporation of India (NPCI) on Tuesday incorporated Bharat Interface for Money (BHIM) as a wholly-owned subsidiary, hiving it off into a new entity known as NPCI-BHIM Services Ltd (NBSL).

  6. Aug 12, 2024 · The National Payments Corporation of India (NPCI) is likely to transform its Bharat Interface for Money (BHIM) app into a standalone subsidiary as part of efforts to enhance its footprint in the...

  7. Aug 11, 2024 · Retail payments regulator National Payments Corporation of India (NPCI) is in the process of spinning off Bharat Interface for Money (BHIM) into a subsidiary as the home-grown payments application looks to expand its presence in the country, industry sources said.