NPCI reports Rs 1,134.31 crore surplus in FY24, up 37% on payment services

India’s umbrella organisation for retail payment systems, the National Payments Corporation of India (NPCI), has reported a surplus of Rs 1,134.31 crore in FY24, up 37 per cent from Rs 828.04 crore in FY23, driven mainly by a surge in income from payment services and other operating income, which includes compliance fees, membership fees, card fees, etc.

Since NPCI is a non-profit company, it does not report profits.