Payments Council of India re-elects Vishwas Patel as chairperson; MN Srinivasu, Nalin Bansal appointed as co-chairs

On Thursday, the Indian Payment Council (PCI) announced that the Association Executive Council unanimously approved the re -appointment of Vishwas Patel, Joint MD, Infibiam Avenues Ltd as president.

In addition, the Council, representing the non -banking payment ecosystem, also appointed Director Mn Srinivasu as co -chairman, NPCI Corporate Fintech Relations and Key initiatives Chief Nalin Bansal, PCI was appointed as co -elevated.

PCI said in a statement, the term of office will be 2025-27, he said.

PCI works in close cooperation with industry and regulators to support the sector and increase digital payment growth while deepening financial inclusion, and increases growth to advance the vision of transition to less cash than a national ‘cash to a national’ cash to increase digital payment growth.

The Council is closely interested in lock regulators, including RBI, the Ministry of Finance and other relevant government departments and institutions, to promote a safe, inclusive and innovation -friendly payment view, thus supporting the long -term target of making India a less fighting economy.