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RBI Governor Urges Sustainable Funding Model to Support UPI's Exponential Growth

Sarah Mitchell 25 Jul, 2025

RBI Governor Sanjay Malhotra emphasizes the need for sustainable funding to support UPI's growth, highlighting government subsidies' role in its adoption and the industry's call fo...

Business

Government Clarifies: No GST on UPI Transactions Above Rs 2000, Dismisses Rumors as Baseless

Jessica Bennett 19 Apr, 2025

The government has denied rumors of imposing GST on UPI transactions over Rs 2000, stating no such proposal exists. UPI's growth is supported by government incentives, with transac...

merchant discount rate News

RBI Governor Urges Sustainable Funding Model to Support UPI's Exponential Growth

Government Clarifies: No GST on UPI Transactions Above Rs 2000, Dismisses Rumors as Baseless

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