| The National Payments Corporation of India (NPCI) has established a new wholly owned subsidiary named NPCI Tech Solutions Limited (NTSL). The company will serve as NPCI’s technology and innovation arm, focusing on emerging technologies such as Artificial Intelligence (AI), blockchain, and digital financial infrastructure. The move is expected to strengthen India’s digital payment ecosystem and support the development of advanced financial technology solutions.
Key Highlights:
- Organisation: National Payments Corporation of India (NPCI).
- New subsidiary: NPCI Tech Solutions Limited (NTSL).
- Ownership: Wholly owned subsidiary of NPCI.
- Key focus areas: Artificial Intelligence, blockchain, and digital financial infrastructure.
- NTSL is the fourth wholly owned subsidiary of NPCI.
- Objective: Strengthen technological innovation and India’s digital financial ecosystem.
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