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RuPay is an Indian multinational financial service payment network launched by the Reserve Bank of India (RBI) in the year 2012. It is a National Payment Corporation of India’s (NPCI) initiative to boost retail payments in India. RuPay was launched with an objective of a less cash economy. It is derived from the words rupee and payment, which highlights that it is India’s approach to virtual card (Vcard) payments. Join our regular webinars or find NSF staff and program directors at events like conferences, SBIR road tours, and more. Investment frequency SBI Debt Fund Series C - 49 (1178 Days): At the end of March 31, 2019, SBI Card, which is 74% owned by SBI and 26% by U.S private equity firm Carlyle Group CG.O, had total assets worth 195.93 billion rupees. info.

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