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Canara Bank and NPCI Bharat Bill pay launch a Cross-Border Inward Bill Payment Service

Published on April 17, 2023
Current Context: Canara Bank and NPCI Bharat Billpay (NBBL) have launched a cross-border inward bill payment service for Indians in Oman. Canara Bank is the first public sector bank in India to offer inbound cross-border bill payments through BBPS.
Canara Bank and NPCI Bharat Bill pay launch a Cross-Border Inward Bill Payment Service
  • NBBL and Musandam Exchange have launched the Bharat Bill Payment System (BBPS) platform, which will allow Non-Resident Indians (NRIs) to conveniently pay bills for their families.
  • This service is a major achievement for Canara Bank, making it the first public sector bank in India to offer cross-border bill payment services.
  • The service was initially available only in Kuwait, but Canara Bank and NPCI Bharat Bill pay Limited (NBBL) have now teamed up to enable Indians living in Oman to pay their bills in India.

Questions:

Q.1 NPCI Bharat Bill Pay in collaboration with which bank has launched a cross-border inward bill payment service for Indians for the first time in Oman?
a. Indian Bank
b. BOM
c. BOI
d. Canara Bank

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