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Dilip Asbe named interim CEO NPCI

CHENNAI: National Payments Corporation of India (

NPCI

) on Monday said that its chief operating officer

Dilip Asbe

will be interim CEO of the financial umbrella organisation for retail payments in India.

Asbe will be taking charge, as A P Hota's current term as MD and CEO ended on August 10, 2017.

Hota

has been the first MD and CEO of NPCI since its inception on August 2010.

"Asbe has been in NPCI since its inception and has played a pivotal role in designing, building, operationalising and managing large scale payment processing 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," said NPCI.

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Rachel Chitra

Rachel Chitra writes for the business section of The Times of Ind... Read More

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