Indian Digital Payment Intelligence Corporation (IDPIC) has appointed K Satyanarayana Raju as its Managing Director and Chief Executive Officer.
Strengthening digital payment security
IDPIC is India’s central AI-driven platform focused on detecting, analysing and preventing real-time digital payment fraud. It leverages advanced technologies such as artificial intelligence, machine learning and big data analytics to enhance the resilience and security of the country’s digital payments ecosystem.
The entity was incorporated as a Section 8 not-for-profit organisation in October 2025 with approval from the Reserve Bank of India and is promoted by State Bank of India and Bank of Baroda. SBI holds a 50% stake through an investment of ₹100 crore.
Leadership experience
Raju brings over 35 years of experience in banking and financial services, including his previous role as Managing Director and CEO of Canara Bank.
His appointment, effective February 2026, comes at a time when IDPIC is scaling its capabilities to tackle rising digital payment fraud through advanced intelligence and real-time monitoring.
Leadership commentary
“As India’s digital transactions continue to scale rapidly, strengthening fraud intelligence and payment security is critical to sustaining trust across the financial ecosystem. IDPIC focuses on building a robust, innovative, and future-ready fraud intelligence platform that enhances the resilience of India’s digital payments infrastructure and supports the nation’s vision of Viksit Bharat and its emergence as a global leader in secure digital payments,” IDPIC Managing Director and Chief Executive Officer, K Satyanarayana Raju said.
Strategic mandate
Under Raju’s leadership, IDPIC aims to strengthen coordination across stakeholders and build a secure, scalable and globally benchmarked digital payments ecosystem.