......NPCI has been promoted under the aegis of Reserve Bank of India by various banks as a not-for-profit organization. It is known for providing the IT backbone that connects ATMs of all banks. NPCI is also the promoter of Rupay — the Indian alternative to Visa and MasterCard. A P Hota, MD, NPCI, confirmed that Murthy has submitted his resignation to the board following his taking charge at Infosys in keeping with good governance practices. "Murthy's biggest contribution to NPCI has been the introduction of best practices in corporate governance. We today follow all the best practices of a listed company," said Hota..............
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