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NPCI Launches New Tech Subsidiary ‘NPCI Tech Solutions Limited’ to Drive Fintech Innovation.

Banking & Finance | Dated: 10 Oct 2025

In October 2025, the National Payments Corporation of India (NPCI), the apex body regulating retail payment and settlement systems in India, launched its new subsidiary, NPCI Tech Solutions Limited (NTSL), aimed at fostering experimentation and breakthrough innovations in the fintech sector. The announcement was made at the Global Fintech Fest 2025 in Mumbai, Maharashtra.

🎯 Key Highlights:

  • - NPCI Tech Solutions Limited (NTSL), headquartered in Mumbai, Maharashtra, has been established to drive fintech innovation, develop scalable payment solutions, and support India’s evolving digital economy.
  • - NTSL focuses on research and development (R&D), prototyping new payment technologies, enhancing interoperability of payment systems including Unified Payments Interface (UPI), RuPay, and cross-border payments, thereby facilitating seamless digital transactions.
  • - NTSL commenced operations with an authorized capital of Rs. 1.00 million and a paid-up capital of Rs. 0.50 million, providing the financial foundation for its innovation-driven initiatives.

💡 Other Important Facts:

  • (i) The company’s board of directors includes prominent officials such as Ajay Kumar Choudhary, Dilip Asbe Pratap, Krishnamurthy Viswanath, and Nitin Mishra, ensuring strategic guidance and governance.
  • (ii) NTSL joins NPCI’s list of subsidiaries, which include NPCI BHIM Services Limited (NBSL), NPCI International Payments Limited (NIPL), and NPCI Bharat BillPay Limited (NBBL), each contributing to diverse aspects of India’s digital payment ecosystem.
  • (iii) NPCI has pioneered multiple digital payment products such as credit card on UPI, credit line on UPI, and UPI Lite. Through NIPL, it is expanding UPI internationally across Asia, Africa, the Middle-East, and Europe, while promoting global acceptance of UPI and RuPay and developing systems for cross-border remittances.

📚 Test Your Knowledge:

Recently, which apex body regulating retail payment and settlement systems in India launched NPCI Tech Solutions Limited (NTSL) to promote fintech innovation?

Correct Answer: NPCI

🚀 Quick Recap: