What is NPCI? | What are the Functions of NPCI? | By Vaibhav Srivastava | In this video, we will discuss what is NPCI and what are its functions. NPCI stands for National Payments Corporation of India. It is an umbrella organization for operating retail payments and settlement systems in India. It was set up by the Reserve Bank of India (RBI) and the Indian Banks' Association (IBA) in 2009.
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