NPCI Appoints Sohini Rajola as Executive Director to Drive Payment Solutions
| Key Aspect | Details |
|---|---|
| Organization | National Payments Corporation of India (NPCI) |
| New Appointment | Sohini Rajola as Executive Director |
| Responsibilities | - Lead adoption and enhancement of NPCI's payment solutions. <br> - Oversee business development and go-to-market strategies. <br> - Manage strategic alliances with banks, fintechs, govt., and regulators. |
| Previous Experience | - Asia-Pacific regional head at Western Union. <br> - Digital banking and cards head at Axis Bank. |
| NPCI's Growth | - UPI transactions in March 2025: Value: Rs 24.77 trillion, Volume: 19.78 billion. <br> - FY25 UPI growth: Value: 30% (Rs 260.56 trillion), Volume: 42% (131.14 billion transactions). |
| Significance | Strategic move to scale NPCI's products and strengthen market presence in digital payments. |