As of April 2023, what are the names of the banks that have integrated with the NOCS platform to conduct transactions on the ONDC network?

Question

Bank of Baroda, Canara Bank, Punjab National Bank, Syndicate Bank, and Union Bank of India.
AU Small Finance Bank, Axis Bank, HDFC Bank, IDFC First Bank, and YES Bank.
Allahabad Bank, Bank of India, Central Bank of India, Indian Bank, and Oriental Bank of Commerce.
ICICI Bank, Kotak Mahindra Bank, RBL Bank, State Bank of India, and Standard Chartered Bank.

Solutons With Key Points

Answer- B

Several banks, fintechs, and e-commerce players have integrated with the NOCS platform. The initial set of five banks to go live with the ONDC network via NOCS includes AU Small Finance Bank, Axis Bank, HDFC Bank, IDFC First Bank, and YES Bank as per the announcement.

Additionally, NBBL is collaborating with ONDC to introduce further innovations to the ecosystem and release more value-added solutions for customers, sellers, and network participants in the near future.