Tag:UPI

Economy

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...
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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...
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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...
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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...
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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...
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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...
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BFSI

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...
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BFSI

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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Appointment

Kirit Patel Appointed Chief Executive Officer at Naffo Technologies

Naffo Technologies has appointed Kirit Patel as its Chief Executive Officer (CEO), bringing new leadership to the company’s senior...
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Appointment

BNP Paribas India Appoints Bhavna Kumar as Managing Director – Human Resources

BNP Paribas India has appointed Bhavna Kumar as Managing Director – Human Resources, strengthening its senior leadership team. In...
Appointment

Himanshu Shekhar Joins VEGA as Head of Digital, D2C and Growth

VEGA has appointed Himanshu Shekhar as Head – Digital, D2C & Growth, strengthening its leadership across digital and direct-to-consumer...