Business
IDPIC Appoints K. S. Raju as MD & CEO to Strengthen Digital Payment Fraud Intelligence
The Indian Digital Payment Intelligence Corporation (IDPIC), has appointed Mr. 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
About this update from State Bank Of India
[{"type":"text","content":"MUMBAI, India, April 10, 2026 /PRNewswire/ -- The Indian Digital Payment Intelligence Corporation (IDPIC), has appointed Mr. 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.","length":560,"tagName":"p"},{"type":"image","alt":"Mr. K. Satyanarayana Raju, Managing Director & Chief Executive Officer, IDPIC","displaySize":"","headline":null,"caption":"Mr. K. Satyanarayana Raju, Managing Director & Chief Executive Officer, IDPIC","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":267,"url":"https://media.zenfs.com/en/prnewswire.com/e9d6d17ec98b474400f09e6c9597c4ae"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/oTekkOXQguTtnt2Qgt1r0g--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTQ3MQ--/https://media.zenfs.com/en/prnewswire.com/e9d6d17ec98b474400f09e6c9597c4ae","width":400,"height":267}},"href":"https://mma.prnewswire.com/media/2953769/K_Satyanarayana_Raju_IDPIC.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"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.","length":368,"tagName":"p"},{"type":"text","content":"Commenting on his appointment, Mr. K. S. Raju said, "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."","length":532,"tagName":"p"},{"type":"text","content":"...