Central Bank becomes first PSU bank to launch Bharat Connect for Business

Central Bank of India has become the first Public Sector Bank to launch ‘Bharat Connect for Business’, in partnership with NPCI Bharat BillPay Ltd (NBBL), marking a significant step towards strengthening India’s digital B2B payments ecosystem.

The platform provides an integrated digital ecosystem for businesses to generate invoices, make and receive payments, manage collections and settlements, enabling secure, seamless and efficient transactions between buyers, sellers and their banks.

The initiative was launched at the NPCI Pavilion at Global Fintech Fest 2026 in the presence of Kalyan Kumar, MD & CEO, Central Bank of India, and Noopur Chaturvedi, MD & CEO, NBBL.

The initiative is expected to further support MSMEs and businesses by simplifying digital transactions and enabling greater efficiency through technology-led financial solutions. It also reinforces Central Bank of India’s commitment to contributing to a stronger digital payments ecosystem and the vision of Viksit Bharat.