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NPCI widens shareholding base to 67 banks and private players

NPCI widens shareholding base to 67 banks and private players

Amazon Pay, Paytm and PhonePe onboarded as new shareholders in NPCI

Intends to diversify and distribute NPCI’s shareholding to a larger set of the RBI regulated entities

NPCI completed private placement of 4.63% of its equity shares worth Rs 81.64 crore

The agency made an offer to 131 RBI regulated entities out of which 19 shown interest

Union Bank of India, Bank of Baroda and Punjab National Bank hold the highest stake with 9.15%

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