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The Reserve Bank of India (RBI) and NPCI International Payments (NIPL) plan to extend the Unified Payments Interface (UPI) to 20 countries by the FY29.

UPI payments in Nepal surpass 1,00,000 person-to-merchant (P2M) transactions in less than six months

The Rise of Digital Payments in India India's digital payments landscape has witnessed a remarkable transformation in recent years, driven by government initiatives, technological advancements, and changing consumer behavior. The country's large popu

The Reserve Bank of India (RBI) has mandated that all Indian banks must transition their existing websites to the new ‘.bank.in’ domain by October 31, 2025. This move is aimed at enhancing the security and trustworthiness of digital banking platforms

As of January 2024, the Unified Payments Interface (UPI) had over 452 million active users in India.

Fintech unicorn PhonePe has launched an upgraded version of its smart speaker, aimed at boosting digital payments for offline merchants across the country. The latest Made In India device retains all the key features of its predecessor and comes wit

Brief History of RBI The Reserve Bank of India (RBI) was established on April 1, 1935, based on the Hilton Young Commission's recommendations and the Reserve Bank of India Act, 1934. Initially, the RBI took over the functions of the Controller of

The Reserve Bank of India (RBI) is expected to implement a total rate cut of 75 basis points (bps) in the current fiscal year, according to a report by The Economic Times. The cuts are likely to be executed in three phases—25 bps each in April, Jun