NPST appoints veteran banker Ram Rastogi as Independent Director

Digital banking and payments technology solutions provider NPST has named Ram Rastogi as an Additional Director in the Non-Executive Independent category of the company.

With over thirty years of experience in banking and digital payments, Rastogi will contribute significantly to NPST's strategic growth initiatives.

Rastogi currently serves as the Chairman of the FinTech Association for Consumer Empowerment (FACE), an organisation dedicated to advocating for the interests of Consumer Lending FinTech companies.

Before his current role, Rastogi held key positions at the State Bank of India, overseeing Strategy, Business Development, ATMs, Debit Cards, and Emerging Payment Systems. Notably, his tenure at the National Payments Corporation of India (2011-2017) saw him play a pivotal role in driving the development of digital and real-time payment systems, including the Immediate Payments Service (IMPS), Unified Payments Interface (UPI), and Bharat Bill Payments System (BBPS), among others.

Deepak Chand Thakur, Co-Founder and CEO of NPST, expressed excitement about Rastogi's appointment, citing his extensive experience and leadership in the banking industry. Thakur emphasized that Rastogi's insights would be invaluable in strengthening NPST's product portfolio, risk management, compliance frameworks, and partnerships.

In response, Rastogi expressed his enthusiasm for joining NPST's Board during a period of significant growth in the digital payments sector. He commended NPST's innovative offerings and expressed his commitment to advancing the company's vision of becoming a leader in digital banking and payments.

Rastogi's appointment underscores NPST's dedication to fostering expertise and leadership in the rapidly evolving FinTech landscape, positioning the company for sustained growth and industry leadership.