Federal Bank Ltd
Abhaya Hota currently serves as Independent Director and Board Chairman at Federal Bank and as Independent Director and Chairman at NSE Clearing Limited, both positions held since 2023. Previously, Abhaya worked as a Strategic Advisor at SWIFT India Domestic Services Pvt Ltd from September 2017 to August 2023, focusing on the design of the National Trade Platform for India. Abhaya led the National Payments Corporation of India as Managing Director & Chief Executive Officer from February 2009 to August 2017, contributing over 30 years of expertise in payments system design and policy in India, having been involved in key developments since 1986 including MICR technology and UPI. Prior to this, Abhaya held various leadership roles at the Reserve Bank of India (RBI) from September 1982 to August 2008, with significant contributions to payment systems. Abhaya holds a Master of Arts in Literature and a Bachelor of Arts in Economics, Political Science, and English Literature, both from Sambalpur University.
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