SBI to Acquire 50% Stake in IDPIC to Boost Digital Payment Security

State Bank of India (SBI) will acquire a 50% stake in the newly formed Indian Digital Payment Intelligence Corporation (IDPIC), following approval from the Reserve Bank of India (RBI). 

The acquisition aims to strengthen fraud detection and improve the security of India’s rapidly expanding digital payments landscape. IDPIC, registered as a Section 8 not-for-profit company under the Companies Act, 2013, was incorporated on October 16, 2025, with SBI as its initial promoter.

Investment Details

According to SBI’s stock exchange filing, the bank will subscribe to 1,00,00,000 (one crore) equity shares of IDPIC at a face value of ₹10 each. This represents an investment of ₹10 crore in cash and will give SBI a 50% share of the company’s paid-up capital. 

IDPIC currently has an authorised share capital of ₹500 crore and an initial paid-up capital of ₹20 crore. The acquisition of SBI’s stake is expected to be completed by December 15, 2025.

Purpose of IDPIC

IDPIC has been created to serve as a dedicated digital payment intelligence platform. With digital transactions growing at record rates, the need for real-time fraud monitoring, advanced data analytics, and coordinated information sharing has become essential. 

The organisation will leverage advanced technologies to facilitate seamless sharing of fraud-related insights among banks, payment operators, and financial institutions.

Role in Fraud Detection

The corporation intends to centralise digital payment fraud data across the entire financial ecosystem. By pooling information and applying sophisticated analytics, IDPIC will enable faster detection of suspicious transactions, new fraud trends, and emerging risks. 

This collaborative framework is expected to significantly enhance the sector’s ability to prevent scams, minimise losses, and improve customer protection.

Benefits for the Banking and Payments Ecosystem

The initiative aligns with the rising need for stronger safeguards in India’s digital payment environment, driven by the growth of UPI and other online platforms. A centralised intelligence system will help banks respond more swiftly, strengthen risk management, and reinforce public trust in digital payments.

SBI Share Price Performance

On December 12, 2025, SBI share price (NSE: SBIN) opened at ₹966.00, touching the day’s high at ₹967.00, as of 9:25 AM on the NSE.

Also Read: SBI Boosts Data Centre Investment Target to ₹4000 Crore!

Conclusion

SBI’s investment in IDPIC marks an important step towards creating a safer digital payments ecosystem. With its focus on collaboration, real-time intelligence sharing, and advanced fraud detection, IDPIC is set to become a key pillar in safeguarding digital transactions and boosting consumer confidence.

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Investments in the securities market are subject to market risks, read all the related documents carefully before investing.