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National Payments Corporation of India (NPCI) is an umbrella organization for all retail payments in India. It was set up with the guidance and support of the Reserve Bank of India (RBI) and Indian Banks Association (IBA).
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The National Payments Corporation of India (NPCI) is an organization 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 payment and ...
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) Nominees from ten core promoter banks.
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Jun 21, 2023 · By Varsha Bansal. June 21, 2023 6:55 AM EDT. India’s central bank and an industry group launched the National Payments Corporation of India (NPCI) in 2008 to create more robust payment...
Jun 5, 2022 · NPCI is a not-for-profit corporation that operates retail payments and settlement systems in India. It offers services like UPI, RuPay, IMPS, BHIM and BBPI to promote digital payments and financial inclusion.
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Mar 26, 2024 · Praveena Rai, COO of NPCI, is a veteran banker and a visionary leader who has contributed to India's digital payments growth and innovation. She shares her journey, achievements, and vision in this Forbes India article.
NPCI is a nonprofit company that runs retail payment systems in India with RBI and IBA support. Learn about its products, services, employees, updates, and events on LinkedIn.