Network People Services Technologies Limited (NPST) has registered a landmark success with an order worth ₹1.68 billion from Central Bank of India. This order speaks volumes of NPST's emerging image as a frontrunner in payment solution offerings to the banking industry.
Major Points:
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Purchase Order: The Central Bank of India order is a big success for NPST, testifying to its competence in providing top-quality digital payment solutions.
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Financial Effect: The amount of ₹1.68 billion signifies the tremendous financial effect that will be imparted on NPST's revenue growth, cementing its position as a fintech leader.
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Innovation and Accreditation: NPST has also been identified recently as the leading-performing listed Indian SME in 2023, signifying its dedication to innovation and excellence in digital payments.
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Strategic Growth: This order is part of NPST's strategy for building its footprint in the digital payment ecosystem domestically as well as internationally through relentless innovation and strategic partnerships.
Securing this order proves NPST's capability of bagging big-size contracts from key financial players, further consolidating its market leadership and growth horizon.
Source Name: Business Standard, ANI News, Marketscreener.