The National Payments Corporation of India (NPCI) established a new wholly owned technology subsidiary, NPCI Tech Solutions Limited (NTSL), in November 2026. The new entity aims to expand NPCI’s technological capabilities beyond its traditional payments business, focusing on artificial intelligence, blockchain and digital financial infrastructure.
Current Affairs MCQ:
Question: In November 2026, which umbrella retail payments organisation established a new wholly owned subsidiary named ‘NTSL’ to expand beyond payments into Artificial Intelligence (AI), blockchain and digital public infrastructure?
Correct Answer: National Payments Corporation of India (NPCI)
Important Information:
Parent Organisation: National Payments Corporation of India (NPCI).
New Subsidiary: NPCI Tech Solutions Limited (NTSL).
Announcement Date: 4 November 2026.
Purpose: To serve as NPCI Group’s technology and innovation arm.
MD & CEO of NTSL: Vishal Kanvaty.
Approval: NPCI Board and Reserve Bank of India (RBI).
Status: NPCI’s fourth wholly owned subsidiary.
Major Focus Areas of NTSL:
Artificial Intelligence (AI): Developing capabilities in emerging AI technologies.
Blockchain: Exploring blockchain-based technology solutions.
Digital Financial Infrastructure: Strengthening technology supporting digital financial services.
Global Capability Centre (GCC) Services: Expanding technology and capability-centre services.
Exam Relevance: UPSC, SSC, Banking, RBI, Insurance, Railway and other competitive examinations.
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