"National Payments Corporation of India (NPCI) is a non-profit set up by the Government of India to facilitate digital payments. They facilitate many payment schemes (like IMPS, BBPS, FASTag, etc.)"
It is not controller by the government and is a separate entity that more or less operates as a conglomerate of major banks.
It is not controller by the government and is a separate entity that more or less operates as a conglomerate of major banks.