Economy, Banking and Finance · 13 April 2026
NPCI Bharat BillPay (NBBL) integrates Axis Bank into Banking Connect platform, expanding interoperable netbanking reach to 37 million customers.
Exam-focused facts from the 13 April 2026 current affairs briefing.
Key facts
- NPCI Bharat BillPay (NBBL) announced that Axis Bank is now live on the Banking Connect platform.
- Banking Connect platform was launched in 2025 and provides interoperability between payment aggregators and banks for netbanking transactions.
- Axis Bank joins State Bank of India (SBI), ICICI Bank and HDFC Bank on the platform.
- The integration enables Axis Bank’s 37 million customers to experience faster checkout across more than 4,800 merchants in India.
- Eight banks and 11 payment aggregators are currently live on the Banking Connect platform.
- NBBL is a wholly owned subsidiary of the National Payments Corporation of India (NPCI).