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Highest profit pool in payments lies with NPCI: PhonePe CEO Sameer Nigam
Money Control
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2y
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.
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