
New Launch10 Sept 2026, 06:10 pm
Central Bank of India Launches 'Bharat Connect for Business'
AI Summary
Central Bank of India has launched 'Bharat Connect for Business' in partnership with NPCI Bharat BillPay Ltd. (NBBL). This platform aims to strengthen India's digital B2B payments ecosystem by providing an integrated digital solution for businesses to manage invoicing, payments, collections, and settlements. Launched at the Global Fintech Fest 2026, it is expected to support MSMEs by simplifying digital transactions and enhancing efficiency. This initiative underscores the bank's commitment to digital transformation and supporting the 'Viksit Bharat' vision.
Key Highlights
- Launched 'Bharat Connect for Business' with NPCI Bharat BillPay Ltd.
- Aims to enhance India's digital B2B payments ecosystem.
- Provides integrated platform for invoicing and payments.
- Expected to support MSMEs and improve transaction efficiency.
- Reinforces bank's commitment to digital financial solutions.
Price Impact
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