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  2. Unified Payments Interface - Wikipedia

    en.wikipedia.org/wiki/Unified_Payments_Interface

    Unified Payments Interface, commonly referred to as UPI, is an Indian instant payment system as well as protocol developed by the National Payments Corporation of India (NPCI) in 2016. The interface facilitates inter-bank peer-to-peer (P2P) and person-to-merchant (P2M) transactions. [ 1][ 2] It is used on mobile devices to instantly transfer ...

  3. National Payments Corporation of India - Wikipedia

    en.wikipedia.org/wiki/National_Payments...

    National Payments Corporation of India (NPCI) is an Indian state-owned 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 settlement infrastructure in India.

  4. RuPay - Wikipedia

    en.wikipedia.org/wiki/RuPay

    Kotak Mahindra Bank [45] Bank of Baroda [46] Yes Bank [47] To further boost the fast-growing payment network, SBI Cards & Payments Services Ltd will soon launch RuPay credit cards. This is a last agreement that is left out between NPCI and SBI with the proposed product launch in fiscal 2019. [48]

  5. National Automated Clearing House - Wikipedia

    en.wikipedia.org/wiki/National_Automated...

    National Automated Clearing House, introduced by National Payments Corporation of India, is a centralised clearing service that aims at providing interbank high volume, low value transactions that are repetitive and periodic in nature. Offering credit and debit service to corporates, banks, and financial institutions, the service, aimed at ...

  6. Kotak Mahindra Bank - Wikipedia

    en.wikipedia.org/wiki/Kotak_Mahindra_Bank

    Kotak Mahindra Bank Limited is an Indian banking and financial services company headquartered in Mumbai. It offers banking products and financial services for corporate and retail customers in the areas of personal finance, investment banking, life insurance, and wealth management. [6] As of December 2023, the bank has 1,869 branches and 3,239 ...

  7. Immediate Payment Service - Wikipedia

    en.wikipedia.org/wiki/Immediate_Payment_Service

    Immediate Payment Service ( IMPS) is an instant payment inter-bank electronic funds transfer system in India. IMPS offers an inter-bank electronic fund transfer service through mobile phones. The service is available 24/7 throughout the year including bank holidays. National Electronic Funds Transfer (NEFT) was also made available 24/7 from ...

  8. Digital rupee - Wikipedia

    en.wikipedia.org/wiki/Digital_rupee

    EUR €1 = e₹90.22. INR ₹1 = e₹1.00. CNY ¥1 = e₹11.78. (16 November 2023) The Digital Rupee (e₹) [6] or eINR or E-Rupee is a tokenised digital version of the Indian Rupee, issued by the Reserve Bank of India (RBI) as a central bank digital currency (CBDC). [7] The Digital Rupee was proposed in January 2017 and launched on 1 December ...

  9. Kotak Mutual Fund - Wikipedia

    en.wikipedia.org/wiki/Kotak_Mutual_Fund

    Kotak Mutual Fundis an Indian mutual fundthat is managedby Mahindra Asset Management Company (KMAMC). KMAMC started operations in December 1998 and as of 2018[update], had approximately 74 Lakhinvestors in various schemes.[6] The fund is a wholly-owned subsidiary of Kotak Mahindra Bank. History.

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