NBBL is a newly set up entity formed on April 01, 2021, to run the Bharat Bill P

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Question

NBBL is a newly set up entity formed on April 01, 2021, to run the Bharat Bill Payment System business. The NBBL is a wholly-owned subsidiary of which bank?

Options:

A . IDRBT

B . State Bank of India

C . RBI

D . NPCI

Answer: Option D

The National Payments Corporation of India has transferred all its BBPS transaction business to NPCI Bharat BillPay Limited (NBBL), a wholly-owned subsidiary of NPCI.

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