National Payments Corporation of India has won the Institute of Chartered Accountants of India (ICAI) Excellence Award 2014 for ‘Best Financial Reporting’ in the category of Service Sector (Turnover up to Rs 500 crore). The award has been conferred in recognition of the preparation of annual report and financial statements and presenting the best practices of accounting systems in the company.
Sanjay Saxena, CFO & head – HR, NPCI, received the award from Justice G S Sistani, Delhi High Court, at a ceremony in New Delhi. The Institute of Chartered Accountants of India, since 1958, recognizes financial reports that are adhering to the accounting standards and is committed to the canons of accountability, transparency, integrity, reliability, timeliness and social responsibility.