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India's Unified Payments Interface (UPI) has achieved a new milestone with record transaction volumes, solidifying its position as a leading digital payment system and expanding its global footprint. Key PointsUPI transactions in India hit a record 22.64 billion in March, showcasing the rapid adoption of digital payments.The volume of UPI transactions increased by 24% compared to the previous year, highlighting significant growth in usage.UPI now accounts for 85% of all digital transactions in ...Read More >
UPI hit a record 22.64 billion transactions in March 2026 worth 29.53 lakh crore rupees, driven by wider digital adoption, with security a key focus for regulators and firms India's real-time payments infrastructure recorded its highest-ever monthly activity in March 2026, underscoring the rapid expansion of digital transactions across the country. India's Unified Payments Interface (UPI), operated by the National Payments Corporation of India, processed 22.64 billion transactions during the m ...Read More >
New Delhi, Apr 2 (PTI) Transaction through the Unified Payments Interface (UPI) touched a record high of 22.64 billion in volume terms in March. "UPI achieves 22.64 Bn transaction count in March'26! Thank you, India, for embracing digital payments and driving this revolution forward. Let's continue the journey of transforming the way we transact!," Department of Financial Services said in a post on X. In volume terms, 22.64 billion transactions were carried during the month as compared to 18.3 ...Read More >
India's Unified Payments Interface (UPI) has achieved a new milestone with a record number of transactions in March, demonstrating its growing dominance in the digital payments landscape and expanding global reach. Key PointsUPI transactions in India hit a record 22.64 billion in March, showcasing the rapid adoption of digital payments.UPI combines ease of use with strong security measures, including two-factor authentication, making it a preferred payment method.UPI accounts for 85% of all dig ...Read More >
New Delhi, Apr 1 (PTI) Fuelled by festivities and financial year closure, the transaction through the popular Unified Payments Interface (UPI) touched a record high of Rs 29.53 lakh crore and 22.64 billion in value and volume terms, respectively, in March, according to data released by the National Payments Corporation of India (NPCI). NPCI said the value of transactions was at Rs 29.53 lakh crore in March against Rs 24.77 lakh crore in the same month a year ago, registering a 19 per cent growt ...Read More >
RBI Governor Sanjay Malhotra on Monday asked banks and corporates to come together and drive the "animal spirits" RBI Governor Sanjay Malhotra on Monday asked banks and corporates to come together and drive the "animal spirits" to create an investment cycle, as the country navigates a choppy global economic environment. In his inaugural address at the annual banking conference 'FIBAC 2025', the Governor said RBI is examining measures to expand bank credit including the sunrise sectors. "I woul ...Read More >
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