RBI Grants Approval to NPCI for Interoperable Payment System for Internet Banking in CY24
By [Errraand News], [05/02/2024]
The Reserve Bank of India (RBI) has recently announced its approval for the launch of an interoperable payment system for internet banking by NPCI Bharat BillPay Ltd (NBBL). This move, aimed at facilitating faster settlement of funds for merchants, marks a significant milestone in the digital payment landscape of the country.