Central Bank of India has launched ‘Bharat Connect for Business’ in partnership with NPCI Bharat Bill Pay Ltd. (NBBL). This initiative marks a significant step in strengthening India’s digital B2B payments ecosystem. Launched at the Global Fintech Fest 2026, the platform aims to support MSMEs by simplifying digital transactions and enhancing financial efficiency through technology.
Central Bank of India Launches ‘Bharat Connect for Business’
Central Bank of India has officially launched ‘Bharat Connect for Business’, a new digital platform developed in strategic partnership with NPCI Bharat Bill Pay Ltd. (NBBL). This significant development was announced on September 10, 2026, and represents a major stride towards fortifying India’s digital business-to-business (B2B) payments infrastructure.
Strategic Partnership and Launch Event
The launch took place at the Global Fintech Fest 2026 in Mumbai, underscoring the platform’s integration with the latest fintech innovations. The event saw the presence of key dignitaries, including Shri Kalyan Kumar, MD & CEO of Central Bank of India, and Noopur Chaturvedi, MD & CEO of NBBL. This collaboration aims to enhance the digital payment ecosystem for businesses across the nation.
Platform Features and Benefits
‘Bharat Connect for Business’ is designed to provide businesses with an integrated digital ecosystem. It enables them to generate invoices, facilitate payments, manage collections, and settlements, ensuring secure, seamless, and efficient transactions between buyers and sellers. The initiative is particularly geared towards supporting Micro, Small, and Medium Enterprises (MSMEs) by simplifying digital financial operations and improving overall efficiency through technology-driven solutions.
This launch aligns with Central Bank of India’s commitment to fostering a robust digital payments landscape and contributes to the broader vision of a Viksit Bharat (Developed India).
Source: BSE
