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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Kaviarasan K Appointed Director in the Ministry of Home Affairs

Kaviarasan K, IES has been appointed Director in the Ministry of Home Affairs (MHA), taking on a senior administrative...
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IA&AS Officer Akshay Gopal Appointed Deputy Secretary in Petroleum Ministry

Akshay Gopal (IA&AS) officer, has been appointed Deputy Secretary in the Ministry of Petroleum and Natural Gas. The appointment...

IAS Mamta Yadav Assumes Charge as Director of J&K DIPR

IAS Mamta Yadav has assumed charge as Director of the Jammu and Kashmir Department of Information and Public Relations...