NPCI incorporates NPCI BHIM Services Ltd as a wholly-owned subsidiary

The National Payments Corporation of India (NPCI) announced the incorporation of NPCI BHIM Services Ltd (NBSL) as a wholly owned subsidiary, formerly known as Bharat Interface for Money (BHIM). This is to meet the growing demand for digital transactions and evolving market expectations. This will also promote financial inclusion and strengthening India's digital payment ecosystem.
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