NPCI Sets Up Technology Arm to Focus on AI, Blockchain, Digital Payments Infrastructure

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…