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Unified Payments Interface (UPI) Product type Instant inter-bank payment system Owner National Payments Corporation of India Produced by National Payments Corporation of India Country India Introduced 11 April 2016 ; 8 years ago (2016-04-11) Website www.upichalega.com Unified Payments Interface, commonly referred to as UPI, is an Indian instant payment system as well as protocol developed by ...
It is headquartered at Nariman Point, Mumbai and have offices across Maharashtra in Nagpur, Pune, and Nashik. The corporation is involved in implementation of various Railway projects such as construction of ROB in lieu of level crossings, construction of new Railway Line and expansion of existing Railway Lines in the territory of Maharashtra ...
Bank of Maharashtra is an Indian public sector bank headquartered in Pune.The bank had 30 million customers across the country with 2263 branches as of June 2023. It has the largest network of branches of any nationalised bank in the state of Maharashtra.State-owned Bank of Maharashtra (BoM) has emerged as the top performer among public sector lenders in terms of loan and deposit growth in ...
Regional Rural Banks (RRBs) are government owned scheduled commercial banks of India that operate at regional level in different states of India.These banks are under the ownership of Ministry of Finance, Government of India, Sponsered Bank and concerned State Government in the ratio of 50:35:15 respectively.
PhonePe emerged as a significant player in processing transactions on the Bharat Bill Payment System, according to reports. It reportedly registered over 1 million UPI-enabled AutoPay mandates since the launch of the AutoPay functionality feature. It had also processed over 2 billion monthly transactions on its platform in October. 2022
The Government of India has social welfare and social security schemes for India's citizens funded either by the central government, state government or concurrently. Schemes which are fully funded by the central government are referred to as "central sector schemes" (CS) while schemes mainly funded by the centre and implemented by the states are "centrally sponsored schemes" (CSS).
State Bank of India (SBI) is an Indian multinational public sector bank and financial services statutory body headquartered in Mumbai, Maharashtra.SBI is the 47th largest bank in the world by total assets and ranked 221st in the Fortune Global 500 list of the world's biggest corporations of 2020, being the only Indian bank on the list.
The Indian Banks' Association (IBA), formed on (26 September 1946), is an unregistered, voluntary association of like-minded banks and individuals in India —an representative body of Indian banks and financial institutions based in Mumbai.