digital transactions News

Record-Breaking UPI Payments in July: A 35% Surge to Rs 25.1 Lakh Crore

July 2025 set a new benchmark for UPI payments with 1,947 crore transactions worth Rs 25.1 lakh crore, showcasing a 35% year-on-year growth in volume and a 22% increase in value, h...

RBI Panel Proposes Extending Money Market Hours to 7pm for Enhanced Liquidity and Global Alignment

An RBI panel recommends extending money market hours to 7pm to enhance liquidity and align with global markets, reflecting India's growing financial complexity and digital transact...

SBI UPI Services Experience Major Outage, Leaving Customers Stranded for Hours

SBI customers experienced a major outage in UPI and mobile banking services for over four hours due to technical issues, disrupting digital transactions across the country. The iss...