Dilip Asbe appointed as MD & CEO of National Payments Corporation of India

Jan 9, 2018 15:58 IST
Dilip Asbe appointed as MD & CEO of National Payments Corporation of India

Dilip Asbe was on 8 January 2018 appointed as the Managing Director (MD) and Chief Executive Officer (CEO) of the National Payments Corporation of India (NPCI), an umbrella organisation for retail payment systems in India.

Prior to this appointment, Asbe was serving NPCI as its CEO-in-charge. He was appointed as CEO-in-charge in August 2017. Asbe succeeded AP Hota, whose term as MD and CEO ended on 10 August 2017.

Asbe has been serving in the NPCI since its inception. He has played a key role in designing, operationalising and managing payment platforms like Unified Payments Interface (UPI), Bharat Interface for Money (BHIM), Immediate Payment Service (IMPS), India’s home-grown card network RuPay, and several other initiatives.

About National Payments Corporation of India
• NPCI, an umbrella organisation overseeing retail payments and settlement systems in India, is an initiative of the Reserve Bank of India (RBI) and Indian Banks’ Association (IBA), to build a strong payment infrastructure.

• National Payments Corporation of India (NPCI) was incorporated in December 2008 and the Certificate of Commencement of Business was issued to it in April 2009.

• It was incorporated as a Section 25 company under Companies Act, 2013 and is aimed to operate for the benefit of all the member banks and their customers.

Playing National Anthem in cinema halls not mandatory: Supreme Court

Is this article important for exams ? Yes3 People Agreed
Read more Current Affairs on: Dilip Asbe , National Payments Corporation of India

DISCLAIMER: JPL and its affiliates shall have no liability for any views, thoughts and comments expressed on this article.

Latest Videos

Register to get FREE updates

    All Fields Mandatory
  • (Ex:9123456789)
  • Please Select Your Interest
  • Please specify

  • ajax-loader
  • A verifcation code has been sent to
    your mobile number

    Please enter the verification code below

This website uses cookie or similar technologies, to enhance your browsing experience and provide personalised recommendations. By continuing to use our website, you agree to our Privacy Policy and Cookie Policy. OK