National Payments Corporation of India (NPCI) announced the formation of NPCI Tech Solutions Limited (NTSL) as its wholly owned subsidiary and appointment of Vishal Kanvaty as the Managing Director & Chief Executive Officer (MD & CEO) of NTSL.
NTSL has been established as the technology and innovation arm of NPCI Group. It will build capabilities beyond NPCI's core payments mandate, with a focus on Artificial Intelligence (AI), Blockchain & Digital Financial Infrastructure and Global Capability Centre (GCC) services. NTSL will also provide technology services for eKYC Setu, Unified Ticketing Platform (UTP) and other Digital Public Infrastructure (DPI) programmes, supporting the expansion of the Group's technology initiatives.
Vishal, who has been associated with NPCI for nearly a decade, has led the development and commercialisation of several market innovation platforms that now form part of NTSL's focus areas and will lead the company as it builds capabilities across these emerging technology domains.
Dilip Asbe, Managing Director & CEO, NPCI, said, “Technology has been at the core of NPCI's journey and its contribution to India's digital transformation. As we look ahead, advancements in Artificial Intelligence and other emerging technologies are creating new possibilities across digital infrastructure and financial services. NTSL has been established to focus on these opportunities and further strengthen the NPCI Group's technology capabilities. We are pleased to have Vishal lead NTSL and are confident that his experience and leadership will guide its growth and future direction.”
𝐒𝐭𝐚𝐲 𝐢𝐧𝐟𝐨𝐫𝐦𝐞𝐝 𝐰𝐢𝐭𝐡 𝐨𝐮𝐫 𝐥𝐚𝐭𝐞𝐬𝐭 𝐮𝐩𝐝𝐚𝐭𝐞𝐬 𝐛𝐲 𝐣𝐨𝐢𝐧𝐢𝐧𝐠 𝐭𝐡𝐞 WhatsApp Channel now! 👈📲
𝑭𝒐𝒍𝒍𝒐𝒘 𝑶𝒖𝒓 𝑺𝒐𝒄𝒊𝒂𝒍 𝑴𝒆𝒅𝒊𝒂 𝑷𝒂𝒈𝒆𝐬 👉 Facebook, LinkedIn, Twitter, Instagram