The Indian Digital Payment Intelligence Corporation (IDPIC) has appointed K. Satyanarayana Raju as its Managing Director & Chief Executive Officer.
IDPIC is India’s central AI-driven platform for detecting and preventing real-time digital payment fraud.
It was incorporated as a Section 8, not-for-profit entity in October 2025 with approval from the Reserve Bank of India.
IDPIC was promoted by State Bank of India and Bank of Baroda, with SBI holding a 50% stake through an investment of ₹100 crore.

Who is K. Satyanarayana Raju?

Mr. Raju joins IDPIC with over 35 years of distinguished leadership experience in banking and financial services, including his previous role as Managing Director & CEO of Canara Bank.
His appointment comes at a pivotal time as IDPIC strengthens its capabilities to combat rising digital payment fraud through advanced intelligence and real-time threat monitoring.
He has also served on key industry and policy bodies, including committees and governing councils associated with the Indian Banks’ Association, RBI-led banking groups, NABARD, NIBM, IIBF, and IBPS.
Under his leadership, IDPIC aims to strengthen India’s payment infrastructure further while supporting the country’s ambition to become a global benchmark in secure digital financial systems.

The Indian Digital Payment Intelligence Corporation (IDPIC)

The Indian Digital Payment Intelligence Corporation (IDPIC) is India’s central digital payment fraud intelligence platform, established to detect, prevent, and analyse fraud in real time across the country’s rapidly expanding digital payments ecosystem. Incorporated as a Section 8 company under the Companies Act, 2013, IDPIC leverages advanced technologies, including Artificial Intelligence (AI), Machine Learning (ML), and Big Data Analytics to strengthen the resilience, security, and trustworthiness of India’s digital payments infrastructure.
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.”