The National Payments Corporation of India, an umbrella institution for retail payment systems promoted by the RBI and Indian Bank’s Association, would set up its data centre in Hyderabad.
Land acquired
The NPCI has taken possession of the three-acre land given by the Telangana government at Gachibowli and was in discussions with architects for “the massive, world class facility” that would handle a host of operations, including research and development work, Chairman M. Balachandran said here on Tuesday.
Speaking at the inauguration of TalentSprint’s SmartCampus and later with presspersons, he said the NPCI was keen on bringing a range of operations now clustered in Mumbai, Chennai and Hyderabad under one roof at the centre.
“We would like to bring all operations together... technology, risk management. Our prime data centre would be here,” he said, adding the NPCI was into inter-bank ATM operations, Unified Payment Interface, Rupay card and going for a national automated clearing house.
At present, its data centre in Hyderabad was a leased facility and functioned with about 250 people.
Construction work
Stating that the construction work was expected to begin in three months and the centre likely to be ready in about two years, Mr. Balachandran said in the first year of operations, it would have 500 people. “Over five years, we will have 3,000 people, all high-end technology people working here,” he said.
“We are talking to architects to give us the best of structures, because it is a national institute and systemically important [where] nothing can go wrong even for a minute,” he added.
Co-founder and CEO of TalentSprint, Santanu Paul, who is on the board of NPCI, said it was still early days to talk about the specifications of the proposed facility.