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India’s payments authority NPCI forms unit to push into AI, blockchain tech

Summary by WTVB
MUMBAI, Nov 4 (Reuters) - The National Payments Corporation of India (NPCI) said on Wednesday it had set up a wholly ​owned technology subsidiary called NPCI Tech ‌Solutions Limited (NTSL) as its technology and innovation arm. The unit will focus on ar...

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The National Payment Corporation of India (NPCI), which operates retail payment systems, created NPCI Tech Solutions Limited, a subsidiary focused on artificial intelligence, blockchain and digital financial infrastructure. The new unit will be led by NPCI's technology director, Vishal Kanvaty.

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WTVB broke the news on Wednesday, November 4, 2026.
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