India's Unified Payments Interface (UPI) processed a staggering 15,547 crore transactions worth Rs 223 lakh crore between ...
UPI-related frauds have accounted for a cumulative loss of Rs 2,145 crore across 2.7 million reported incidents.
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Credit line on UPI for SFBs: How RBI's latest move will benefit small businesses, entrepreneurs?RBI recently proposed to allow small finance banks (SFBs) to extend pre-sanctioned credit lines through Unified Payments ...
USSD accounts for around 79% of total digital transactions volume, with a total value of Rs 199.95 lakh crore in FY24 ...
India's Unified Payments Interface (UPI) processed a staggering 15,547 crore transactions worth Rs 223 lakh crore between ...
India’s digital transaction platform launched in 2016, is transforming credit access and open banking aiding financial ...
With India being the world’s largest recipient of remittances since 2022, the urgency to modernise its payment systems has ...
UPI is the earliest implementation of an open-banking-based payment infrastructure that is free for customers and enables ...
In fiscal year 2024, India recorded that 79.7% of the digital transactions are being done using the Unified Payments ...
The Government of India hasn't set a timeline for introducing comprehensive regulatory guidelines for the Virtual Digital Assets (VDA) industry. Regulatory effectiveness depends on international ...
The recent launch of the Unified Lending Interface by the Reserve Bank of India is an important step towards the further development of digital public infrastructure. The platform aspires to capture ...
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