NPCI's Dilip Asbe joins Swift's global supervisory board

NPCI CEO Dilip Asbe has been appointed to Swift's newly constituted global supervisory board, giving India a direct role in shaping cross-border payments policy. The appointment, approved by Swift shareholders at the recent AGM, awaits regulatory clearance expected in October. The move coincides with Swift transitioning to a two-tier governance model and reflects the global stature of UPI, which processes more than 20 billion transactions monthly.