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National Payments Corporation of India (NPCI) is an Indian public sector company 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.
BHIM (Bharat Interface for Money) is an Indian state-owned mobile payment app developed by the National Payments Corporation of India (NPCI), based on the Unified Payments Interface (UPI).
State Bank of India (SBI) is an Indian multinational public sector bank and financial services statutory body headquartered in Mumbai, Maharashtra. It is the 48th largest bank in the world by total assets and ranked 178th in the Fortune Global 500 list of the world's biggest corporations of 2024, being the only Indian bank on the list. [ 11 ]
On 7 February 2012, the UIDAI launched an online verification system for Aadhaar numbers. Using the system, banks, telecom companies, and government departments could enter an Aadhaar number and verify if the person was a resident of India. [70] On 26 November 2012 Prime Minister Manmohan Singh launched an Aadhaar-linked direct benefit transfer ...
Yono Lite is a mobile banking application from the State Bank of India. [ 7 ] [ 8 ] Earlier, it was available as "SBI Anywhere Personal" but it was rebranded as "Yono Lite" in 2018, after the introduction of YONO app. [ 9 ] In 2021, Yono Lite saw several updates to protect its users from digital frauds.
Aadhaar eSign is an online electronic signature service in India to facilitate an Aadhaar holder to digitally sign a document. [1] The signature service is facilitated by authenticating the Aadhaar holder via the Aadhaar-based e-KYC (electronic Know Your Customer) service.
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Online banking, also known as internet banking, virtual banking, web banking or home banking, is a system that enables customers of a bank or other financial ...