Protean eGov Tech Acquires Stake in NSDL Payments Bank

Protean eGov to acquire 4.95% stake in NSDL Payments Bank for ₹30 crore, enhancing digital banking infrastructure in India.

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Protean eGov Tech Acquires Stake in NSDL Payments Bank

Protean eGov Tech Acquires Stake in NSDL Payments Bank
Protean eGov Technologies has announced that it will acquire a 4.95% stake in NSDL Payments Bank for ₹30 crore. This strategic investment aligns with Protean's long-term vision to build trusted digital infrastructure, aiming to enhance future-ready banking technologies. The deal is expected to close within 60 days from the agreement's execution.