The National Payments Corporation of India (NPCI) is strengthening its institutional framework as it prepares to play a larger role in building the next phase of India’s digital public infrastructure, extending beyond retail payment systems such as UPI.
NPCI is in the process of setting up a new subsidiary, NPCI Tech Solutions Ltd (NTSL), which will become its fourth arm alongside NPCI International, NPCI Bharat BillPay, and NPCI BHIM Services. The new entity is expected to focus on core technology infrastructure and pilot initiatives that support emerging digital use cases.
NPCI Tech Solutions is likely to concentrate on infrastructure-led platforms rather than consumer-facing products. Key areas under consideration include eKYC Setu, technology systems linked to the central bank digital currency (CBDC), and other foundational digital rails required for the evolving financial ecosystem. NPCI has indicated that the entity will operate as a central infrastructure provider and will not compete with private technology vendors.
Unlike NPCI’s other subsidiaries, NTSL will not be structured as a Section 8 company. The entity has an authorised capital of Rs 10 lakh and a paid-up capital of Rs 5 lakh and is currently in a formative stage, with NPCI teams supporting early operations and experimentation.
With the establishment of NPCI Tech Solutions Ltd, NPCI is signalling a strategic shift towards owning and scaling critical digital infrastructure beyond payments, reinforcing its central role in India’s digital financial architecture as new use cases emerge around identity, trust, and programmable money.
Send news announcements/press releases to:
info@b2bmarketmedia.com
