Unified Payments Interface (UPI)

UPI's share in India's digital payments surged to 83%: RBI report

The share of the Unified Payments Interface (UPI) in India's digital payments has surged from 34 per cent in 2019 to an impressive 83 per cent in 2024, with a remarkable CAGR (cumulative average growth rate) of 74 per cent over the last five years, according the RBI's payment system report. Jan 28, 2025
Indian stock market opens flat, PSU bank shares lead

Key reasons why Indian stock market is falling

The Indian stock market witnessed a sharp fall on Monday as the benchmark indices faced heavy selling pressure amid weak global cues, uncertainty over US trade policies and sustained foreign fund outflows. Jan 27, 2025