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While UPI transactions have been growing consistently, this month saw a drop in the average amount exchanged per transaction.
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While UPI transactions have been growing consistently, this month saw a drop in the average amount exchanged per transaction.
In a speech, the deputy governor laid out risks posed by Big Tech and referred to some of the RBI's reforms that faced pushback.
The month of August saw the highest number of average UPI transactions in a day.
The launch of RBI's Account Aggregator ecosystem signals an important shift in India's data-sharing mechanisms.
Earlier, PhonePe was only licensed as an insurance corporate agent with limitations on offering products from insurers.
Citizens may be able to access all financial products, benefits, and schemes through a single portal.
The NSE circular restricting its members from selling digital gold could potentially impact sales this year as it is an industry that is worth...
The month of July recorded an increase of 432.5 million in the number of UPI transactions and saw the highest number of average transactions...
The RBI raised three primary concerns about big tech companies including the latter’s potential to become dominant players in the financial services sector. In...
The month of June recorded an increase of 267.9 million in the number of transactions and saw the highest number of average transactions in a day....