NPCI Sets Up Technology Arm to Focus on AI, Blockchain, Digital Payments Infrastructure
NPCI operates India’s retail payments and settlement systems, including the widely used Unified Payments Interface (UPI). The creation of NTSL marks a move to expand its technology and innovation activities beyond its existing payments operations.
The development comes as India steps up efforts to advance AI research and development, particularly across the banking and financial services sector.
With financial institutions increasingly exploring AI and other emerging technologies, digital infrastructure is becoming an important area of focus for the country’s financial ecosystem.
NTSL is NPCI’s fourth wholly owned subsidiary. Its other subsidiaries include NPCI International Payments, NPCI Bharat BillPay and NPCI BHIM Services.
The new technology arm is expected to support NPCI’s broader ambitions in digital innovation while strengthening the technological capabilities underpinning India’s financial services infrastructure.
