March 6, 2015 8:24 PM

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NPCI reaches new milestone with successful linking of 15 cr bank accounts with Aadhaar

The country's umbrella body for all retail payments system, National Payments Corporation (NPCI), has reached a new milestone with successful linking of 15 crore bank accounts with the Aadhaar numbers. It is moving closer to map the overall 17 crore Direct Benefit Transfer accounts. The Reserve Bank-promoted NPCI today said it expects that all beneficiaries of all government subsidies/benefit transfers will be brought under the linkage programme. NPCI chief A P Hota, in a statement said this electronic benefit transfer programme will not only be unique but also be one of the largest in the world. NPCI is the nodal agency for all retail payment system sunder the Jan Dhan scheme.

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