Protean Picks Up 4.95% Stake in NSDL Payments Bank for Rs 30 Crore
In a significant development in India’s fast-evolving digital financial ecosystem, Protean eGov Technologies Ltd. has acquired a 4.95% stake in NSDL Payments Bank for Rs 30 crore. This strategic investment highlights the growing importance of digital banking and payment solutions in India, as well as the increasing collaboration between technology-driven firms and financial institutions. Background…