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UPI GROWTH STATISTICS
Shaktikanta Das reveals how India broke a ‘Chakravyuh’ and 7 steps for businesses to navigate war stormDuring a keynote speech, RBI ex-Governor Shaktikanta Das emphasised India’s remarkable ability to weather global storms. He referred to the...
UPI achieves nearly 23 billion transactions in March: DFSTransaction through the Unified Payments Interface (UPI) touched a record high of 22.64 billion in volume terms in March. In volume terms, ...
What Census 2027 will reveal about the country we’ve becomeIndia's Census 2027, launched April 1, is a crucial exercise. It will assess the nation's socioeconomic transformation since 2011. The cens...
UPI transactions hit record high of Rs 230 lakh crore in 2025-26 till Dec: GovtUnified Payments Interface transactions have hit a record Rs 230 lakh crore this financial year until December. This digital payment system...
UPI Autopay volume doubles in a year, NPCI launches portal for e-mandate managementUPI Autopay is experiencing rapid growth. Recurring payments via UPI Autopay have doubled in the last year. This surge is fueled by increas...
India’s GDP data robust, new series in FebruaryOfficials said extensive data inputs with around 700 granular indicators are used for the quarterly estimates.
New GDP series to map India’s digital economy and gig sectorIndia is set to launch a new GDP series next year, shifting its base year to 2022-23 to better capture the nation's burgeoning digital econ...
Urban demand more resilient than it appears in data, says CEA NageswaranChief Economic Advisor Nageswaran suggests urban demand is more resilient than data indicates, citing strong UPI growth and small business ...
PhonePe logs highest UPI transactions volume in June; GPay, Paytm followPhonePe’s dominance in the space is marked by the 8.55 billion transactions and a total value of Rs 11.99 lakh crore. It held 46.5% of the ...
NPCI expands AI use to enhance customer safety in digital transactionsNPCI is leveraging Artificial Intelligence and Machine Learning to bolster customer security in digital transactions amidst growing UPI usa...
UPI transactions clock more than Rs 20 lakh crore for 5 straight monthsIndia's Unified Payments Interface (UPI) recorded over Rs 20.64 lakh crore in payments in September, marking its fifth consecutive month ab...
No evidence suggesting slowdown in Indian economy: Finance ministry"A strong final quarter performance pushed the GDP growth for the full year to 7.2 per cent, higher than the 7 per cent estimated in Februa...
Cloud tech’s role in driving payment modernisationCloud platforms enable banks to embed agility ─ banks can focus more on creating value for customers and less on transaction processing and...
Payment Aggregators help shape digital payments in India
UPI transactions up 9% month-on-month in July to 822 millionAs per the latest statistics shared by the NPCI, UPI transactions crossed 800 million during the month, up from 754 million in June, after ...
Unauthorised surcharging impeding online payment system: StudyThe study done by Ashish Das, a professor of statistics, highlighted that unauthorised surcharging has also burdened the payment system use...
Demonetisation to power 80% rise in digital payments, may hit Rs 1,800 crore in 2017-18Interestingly, the volume of digital transactions rose in March and April (Rs 156 crore in both months) when the effects of demonetisation ...