NPCI system investment in Modi government’s ONDC project.. Selling 10% shares..! | NPCI plans to buy 9-10 percent stake in modi govt e-commerce project ONDC

Indian Retail Market

With India’s retail market poised to hit $1 trillion soon, the country’s leading ecommerce giants Amazon and Flipkart account for about 80 percent of the online retail segment.

ONDC Network

The ONDC network is currently piloting order-taking and delivery services for groceries, small bakery items in 6 major cities.

Digital platform

Digital platform

The Open Network Bar Digital Commerce Framework is a plan to bring all forms of commerce, services, and money transfer under a single digital or electronic network.

Bank of India

Bank of India

In this important structure, not only the NPCI body but also the central government’s National Securities Depository Limited (NSDL) and Bank of India are expected to buy stakes in ONTC. These plans are also expected to be finalized in 10 days.

UPI service

UPI service

India’s UPI service is currently in the hands of people from all walks of life in the country through Google Pay, PhonePay, Paytm. Apart from this, he is going to visit the United Arab Emirates (UAE), Bhutan, Singapore and France.

The article is in Tamil

Tags: NPCI system investment Modi governments ONDC project . Selling shares . NPCI plans buy percent stake modi govt ecommerce project ONDC

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