India's Unified Payments Interface (UPI) transactions see 49 per cent year-on-year (YoY) growth in volume in June 2024 taking the processed amount to Rs 20.07 lakh crore
Read MorePayments through digital means in India are hitting fresh highs, as its citizens are increasingly adopting the emerging modes of transacting on the internet
Read MoreThe survey also indicates a growing interest in expanding into smaller cities
Read MoreUPI credit lines can provide you instant loans within the convenience of UPI. However, you need to exercise caution to avoid any scams
Read MoreIn a meeting in New Delhi on Tuesday, Department of Financial Services (DFS) Secretary Dr. Vivek Joshi chaired a meeting where initiatives such as CKYC, the Jan Samarth portal, Aadhar seeding, and other relevant schemes were reviewed.
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Read MoreAPL Apollo along with other off-takers will hold a 26 per cent stake under the group captive structure in the SPV of BluPine Energy for this project, elevating BluPine’s C&I capacity to about 400MW, with a target of reaching 1000MW soon
Read MoreThe total value of UPI transactions processed on the Paytm platform grew to Rs 1.24 trillion in May, on the back of the company launching several initiatives for users such as Credit Card on UPI, as well as pushing the lever on UPI Lite.
Read MoreAccording to data released by NPCI, the value of transactions conducted through UPI also witnessed a rise, reaching Rs 20.45 lakh crore in May compared to Rs 19.64 lakh crore in April
Read MoreThe RBI report further adds "Fast Payment System (FPS) collaboration with group of countries like EU and SAARC, as well as multilateral linkages will be explored".
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