UPI revolutionising digital space; linkage with RuPay game-changer: RBI report
India Finance Report 2023 by CAFRAL under the RBI shows how UPI has changed the digital payments landscape in India
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PhonePe revenue jumps 77% to ₹2,914 cr in FY23
PhonePe's revenue growth was driven by the launch and scale-up of new products.
UPI transactions at 9.3 bn in June, double of Jan 2022
UPI transaction value increased from ₹8.3 lakh crore in January 2022 to ₹14.7 lakh crore in June 2023.
Loss-making cos aided fintech sector growth: Kunal Shah
CRED’s founder says that a bulk of the UPI growth has come with the help of such companies as they create distribution and a positive change of consumer behaviour.
World Bank G20 document lauds India’s digital infra progress under Modi rule
The World Bank has noted that on the digital infrastructure front, India has achieved in just six years what would have taken about five decades
Hello UPI! These new features to make online payments easier
New offerings like Credit Line on UPI, UPI LITE X and Tap & Pay, and Conversational Payments aimed at redefining payments ecosystem in India
Brace up for 100 billion UPI transactions a month, 'sachetisation' of credit: NPCI's Asbe
Driven by the growth of credit on the platform, UPI is targeting 2 billion transactions a day which pegs the growth opportunity in merchants and users at more than 3 times
CBDC to make cross-border payments cheaper, faster, secure: RBI Guv
"Empirical data we are generating to go a long way in shaping policies and future course of action," says RBI Governor Shaktikanta Das
DPI reshaping India into ‘one mega economy’: Nilekani
India has transformed in many ways over the last several years and digital transformation is at the heart of its economic growth, says Nandan Nilekani
India to soon become $5 tn economy; be part of its journey: PM Modi at BRICS Dialogue
PM Modi, at the ‘BRICS Business Forum Leaders' Dialogue, says India has made immense strides in IT, semiconductors, and other such futuristic sectors
