India, Feb. 28 -- The National Payments Corporation of India (NPCI) plans to establish a research and development (R&D) center at Bandra Kurla Complex (BKC) in Mumbai, India's most expensive commercial district, as part of its global expansion efforts, NPCI's CEO Dilip Asbe was quoted as saying by a media report.

According to a report published in Moneycontrol, the Mumbai Metropolitan Region Development Authority (MMRDA) has allocated a plot to NPCI in Mumbai's BKC. The company is building about a 5000 capacity R and D centre, he was quoted as saying.

According to another report published in the Free Press Journal, the MMRDA granted administrative approval in September 2024 for the construction of an office for the NPCI at BKC.

As per ...