Current Affairs - National - Discussion
Discussion Forum : National - Latest Current Affairs (Q.No. 4994)
4994.
Data from the National Payments Corporation of India (NPCI) stated that April Immediate Payment System (IMPS) numbers have reduced to a two-year low. When was NPCI founded?
Answer: Option
Explanation:
Data from the National Payments Corporation of India (NPCI) stated that April Immediate Payment System (IMPS) numbers have reduced to a two-year low. The dive in the retail interbank transfers is due to the COVID-19 lockdown. Founded in 2008, the NPCI is a not-for-profit organisation registered under section 8 of the Companies Act 2013, established by Reserve Bank of India & IBA.
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