Daily Current Affairs / NPCI and IDRBT Forge Alliance to Bolster Digital Payment Security Infrastructure in India:
Category : Business and economics Published on: June 18 2025
Corporation of India (NPCI) and the Institute for Development and Research in Banking Technology (IDRBT) have formalized a strategic alliance aimed at enhancing cybersecurity, cyber resilience, and data protection mechanisms within India's swiftly expanding digital payment environment. This collaboration, sealed through a Memorandum of Understanding (MoU), comes at a crucial juncture when digital transactions such as UPI are witnessing exponential growth, necessitating fortified security frameworks.