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Protean picks up 4.95 pc stake in NSDL Payments Bank for Rs 30 cr

Summary by NewsDrum
Mumbai, Dec 16 (PTI) Protean eGov Technologies on Tuesday announced that it will acquire a 4.95 per cent stake in NSDL Payments Bank for Rs 30 crore. "This collaboration enables us to develop future-ready banking technologies that can be proven at scale and extended across the wider financial ecosystem," an exchange filing from Protean said. The investment is part of Protean's long-term vision of building trusted, population-scale digital infras…
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NewsDrum broke the news in on Tuesday, December 16, 2025.
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