Mumbai The Unified Funds Interface (UPI) noticed each the quantity and worth of transactions moderating by about 1 per cent on month from the report excessive seen in March 2024. Transactions value ₹19.64 lakh crore have been processed throughout April 2024, 0.7 per cent decrease than the report of ₹19.78-lakh crore seen within the earlier … Read more
After beginning 2024 on a robust observe, the Unified Funds Interface (UPI) noticed transactions dip barely in February however stay above December 2023 ranges. Additionally learn: UPI transactions contact new document of ₹18.4-lakh crore in Jan Transactions price ₹18.28-lakh crore had been processed throughout February, practically 1 per cent decrease than the height of ₹18.41 … Read more
Funds banks as a class of banks had been launched in 2015 by RBI, to bridge the hole between conventional banking companies and the unbanked inhabitants, significantly in rural areas. These banks had been envisioned to leverage expertise to supply primary banking companies, specializing in monetary inclusion and digital transactions. The story of such banks … Read more