National Payments Corporation of India definition

National Payments Corporation of India or “NPCI” shall have the meaning assigned to it in the Recital G;
National Payments Corporation of India or “NPCI” shall have the meaning assigned to it in the November 2018 Circular;
National Payments Corporation of India means an umbrella organisation for operating retail payments and settlement systems in India, set up under the provisions of the Payment and Settlement Systems Act, 2007.

Examples of National Payments Corporation of India in a sentence

  • National Automated Clearing House (NACH) is a payment system operated by National Payments Corporation of India (NPCI) on the lines of ECS, where Corporations and Banks are members.


More Definitions of National Payments Corporation of India

National Payments Corporation of India or “NPCI” has the meaning ascribed to it in the Recital G. “Nomura” has the meaning ascribed to it in the Preamble of this Agreement.
National Payments Corporation of India or “NPCI” shall have the meaning assigned to it in the Circulars on Streamlining of Public Issues.
National Payments Corporation of India or “NPCI” shall have the meaning assigned to it in the Recital F; “NEFT” shall mean National Electronic Funds Transfer in terms of the regulations and directions issued by the RBI or any regulatory or statutory body;
National Payments Corporation of India or “NPCI” has the meaning attributed to such term in the recitals of this Agreement;

Related to National Payments Corporation of India

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