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NPCI was established under the aegis of RBI as a non-profit to run a few payment systems such as Immediate Payment Service (IMPS), Unified Payments Interface (UPI), and Bharat Bill Payment System (BBPS). In FY22, NPCI posted a Rs 773 crore profit.
Fintech giant PhonePe has launched its health insurance vertical, offering plans in partnership with multiple insurers.
Latest India Stock/Share Market News, NSE, BSE, Global Market, Sensex Nifty. Live Business News headlines on IPO, Stock/Share tips, Personal Finance, Budget, Tax, Mutual Fund, Commodity Market more Financial News and Announcements on Moneycontrol.
Rahul Chari and Sameer Nigam founded PhonePe in 2015 and is the CEO of the fintech company.
Meet Soundarya, South India's first AI anchor introduced on a Kannada news channel.