State Bank of India (SBI) will invest in Indian Digital Payment Intelligence Corporation (IDPIC), subscribing to 1,00,00,000 equity shares at ₹10 per share. This investment allows SBI to acquire a 50% stake in IDPIC, which will combat payment fraud using advanced technologies. SBI received RBI approval for this investment on December 9, 2025.
SBI Invests in IDPIC
SBI is set to subscribe to 1,00,00,000 equity shares of Indian Digital Payment Intelligence Corporation (IDPIC) at a face value of ₹10 per share. This will result in SBI owning a 50% stake in the company.
About IDPIC
IDPIC aims to enhance the integrity, security, and resilience of India’s digital payments ecosystem. It operates as a not-for-profit digital payments intelligence platform. The company will serve banks, financial institutions, payment aggregators, payment system operators, and other regulated entities.
RBI Approval and Objectives
SBI received approval from the RBI on December 9, 2025, to establish IDPIC as a Section 8 Company. IDPIC’s objectives include promoting data sharing, providing anonymized data-driven insights, and offering threat intelligence to combat payment fraud.
Financial Details
The authorized share capital of IDPIC is ₹500,00,00,000. The paid-up share capital is ₹20,00,00,000. IDPIC is newly incorporated and has not yet commenced commercial operations.
Investment Timeline
The investment is expected to be completed by December 15, 2025.
Source: BSE
