NPCI conducts its 10th Annual General Meeting

NPCI conducted its 10th Annual General Meeting on September 25, 2018. The Board of Directors and members graced the occasion with their esteemed presence. In 2016 the shareholding was broad-based to 56 member banks to include more banks representing all sectors. NPCI management team and Board members can be seen in the picture from Left to Right: Dr. Rajendran N., CTO, NPCI, Mr. Sanjay Saxena, CFO, NPCI, Mr. Dilip Asbe, MD & CEO, NPCI, Mr. Ajay Kumar Kapoor, Senior Executive Vice President, Business Technology Group, HDFC Bank, Mr. Satish Pradhan, Independent Consultant, NPCI, Mr. Biswamohan Mahapatra, Non-Executive Chairman, NPCI, Ms. Rama Bijapurkar Management Consultant, Prof. G. Sivakumar, Department of Computer Science and Engineering, IIT Bombay, Mr Nagesh G. Vaidya, Chairman, Kerala Gramin Bank and Ms. Priyanka Agrawal, Board Secretariat, NPCI.

NPCI wins ET Awards 2018 for Policy Change Agent of the Year

NPCI was the unanimous choice of the jury for the Policy Change Agent Award, for the way it is revolutionising the payments landscape of the country. NPCI started its journey by managing National Financial Switch to facilitate all interoperable ATM transactions. Moving on to create a centralised cheque clearance mechanism. NPCI built RuPay scheme and Immediate Payment Service, an instant bank-to-bank funds transfer service to Unified Payments Interface (UPI). NPCI created products to cater varied payment needs of Indians with recent offerings like Bharat Interface for Money or BHIM App, Aadhaar Enabled Payments, Aadhaar Pay and FASTags. NPCI has developed instruments that supports digital India initiatives. NPCI is the umbrella organisation for operating retail payments and settlement systems in India.