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The National Payments Corporation of India (NPCI) is an initiative taken by the Reserve Bank of India (RBI) and Indian Bank’s Association (IBA) to operate the retail payments and settlement systems in India. This organisation was founded in the year 2008 under the Payment and Settlement Systems Act, 2007. NPCI has been incorporated as a ‘not for profit’ company under section 8 of Companies Act 2013. NPCI is promoted by ten major promoter banks: State Bank of India Punjab National Bank Canara Bank Bank of Baroda Union Bank of India Bank of India ICICI Bank HDFC Bank Citibank HSBC
Which bank provides the Smart Payment Card in collaboration with the All India Institute of Medical Sciences (AIIMS), Delhi, aimed at facilitating hassl...
What is the primary function of the RBI?
Consider the following statement/s about Asian Development Bank (ADB):
1. ADB is committed to achieving a prosperous, inclusive, resilient, and s...
Which of the following international organisation provide $4.5 bn loan for Bangladesh to combat economic crisis?
Which bank became the first bank to join the India International Bullion Exchange (IIBX)?
The Indian government has raised the windfall tax on petroleum crude to _______ per metric ton from zero.
Government has raised status of Power Finance Corporation Ltd. (P. F. C.L) from 'Navratna' to 'Maharatna' psu ion which year?
Consider the following statements about Foreign Exchange Reserves:
1. These may include foreign currencies, bonds, treasury bills, and other gove...
The Competition Commission of India (CCI) has slapped a fine of Rs 40 lakh on which bank for failing to notify the regulator about its acquisition of a ...
BSE and National Stock Exchange have imposed a fine of Rs 5.36 lakh each on __________for not having the required number of independent directors includ...