Tag:UPI

UPI Transactions Surge to ₹94,000 Crore Daily in October, Poised for Record Festive Month

The Unified Payments Interface (UPI) is witnessing a remarkable surge this festive season, with average daily transaction values in October 2025 jumping 13% over...

PMAY 2.0 Drives Digital Payments, Enhances Financial Inclusion for Low-Income Borrowers: SBI Research

The Pradhan Mantri Awas Yojana–Urban 2.0 (PMAY-U 2.0) is transforming India’s housing and financial landscape, according to SBI Research. Beyond enabling affordable home ownership...

RBI Governor Flags Cost Concerns in UPI Ecosystem, Questions Long-Term Viability of No-Fee Model

Reserve Bank of India (RBI) Governor Sanjay Malhotra on Thursday reiterated that while the Unified Payments Interface (UPI) continues to be a no-cost service...

UPI to See New Rules from August 1: Key Changes on Balance Checks, Auto-Debits, and Access Limits

To enhance the stability and efficiency of digital payments, the National Payments Corporation of India (NPCI) has announced a set of regulatory changes to...

Digital Payment Surge: Over 65,000 Crore Transactions Worth ₹12,000 Lakh Crore in 6 Years, Says Finance Ministry

The Government has been closely working with different stakeholders including the Reserve Bank of India (RBI), National Payments Corporation of India (NPCI), fintechs, banks...

RBI Enables Seamless Digital Payments with UPI-Wallet Integration for Full-KYC Users

The Reserve Bank of India (RBI) has introduced a significant enhancement to digital payment systems, allowing users to make Unified Payments Interface (UPI) transactions...

India Leads Digital Payment Revolution with UPI Milestone, ONDC Expansion: RBI Report

India's Unified Payments Interface (UPI) is setting global benchmarks in digital payments, achieving 16.6 billion transactions in a single month this October, according to...

Paytm to Onboard New UPI Users, Approves NPCI

One97 Communications (OCL), the parent company of Paytm, has received approval from the National Payments Corporation of India (NPCI) to onboard new UPI users,...

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Sanjay Agarwal Reappointed as MD & CEO of AU Small Finance Bank

AU Small Finance Bank has reappointed Sanjay Agarwal as its Managing Director & Chief Executive Officer, reaffirming leadership continuity...
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Odisha IAS Reshuffle: Key Changes Across MSME, Industry and Governance Sectors

The Government of Odisha has issued a fresh round of administrative adjustments among senior IAS officers, as per a...

Haryana Govt Transfers 3 IAS Officers; Raja Sekhar Vundru Posted as ACS (Food & Civil Supplies)

The Government of Haryana has ordered the transfer and posting of three Indian Administrative Service (IAS) officers with immediate...