N R Narayana Murthy, Infosys' chief mentor, is set to become the non-executive chairman of the National Payment Corporation of India (NPCI). NPCI is being set up to handle the retail payment operations of <a href="http://www.rbi.org.in/home.aspx">RBI</a>. For details about NPCI, check out this <a href="http://www.iba.org.in/events/NPCI%20Global%20Invitation%20for%20EOI.pdf">PDF</a>. <a href="http://en.wikipedia.org/wiki/N._R._Narayana_Murthy">N R Narayana Murthy</a> is not new to banking and serves as an independent director on the board of the <a href="http://en.wikipedia.org/wiki/DBS_Bank">DBS Bank</a> of Singapore.

Narayana Murthy to join NPCI board

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Narayana Murthy to join NPCI board

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