Paytm shares surge 6% on getting NPCI nod to onboard new UPI users
Adherence to all NPCI guidelines, covering risk management, branding, multi-bank rules, market share, and customer data, is mandatory
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October 2024
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July 2024
UPI transactions limit raised to ₹10,000 for 123Pay, ₹5,000 for UPI Lite
UPI 123Pay transaction limits increase from ₹5,000 to ₹10,000, UPI Lite wallet limit rises from ₹2,000 to ₹5,000
ICICI Bank, PhonePe partner to offer instant UPI credit
The credit line on UPI can go up to ₹2 lakh, with a repayment period of 45 days
Digital public infra leapfrogged number of global economies: Google Cloud India
As India continues to develop its AI capabilities, the integration of AI into various sectors has moved beyond the experimental stage
NPCI brings UPI-based digital payments solution to Trinidad and Tobago
The announcement highlighted that Trinidad and Tobago is set to become the first Caribbean country to adopt the globally recognised UPI framework.
SEBI mulls mandatory UPI block facility for secondary market trading
SEBI says this process of trading in the secondary market through a UPI facility by blocking funds, by design, safeguards clients’ assets from misuse
RBI Governor vows to make UPI, RuPay 'truly global'
Das says DPI, which includes frameworks like Aadhaar, UPI, and online bill payments, will make financial system work better
After UPI success, RBI unveils ULI to transform lending space
This new platform is expected to revolutionise India’s lending sector, much like the Unified Payments Interface (UPI) did for payments.
No more 2-day wait for cheque clearing, RBI cuts timing to 'few hours'
Other initiatives announced by RBI include new lending apps repository, and higher transaction limit and "delegated payments" in UPI
India achieved in 9 years what would have taken 50 years without DPI: Amitabh Kant
Digital highways can significantly improve productivity of private and public sectors alike.
