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The collaboration between India and Nepal in linking their fast payment systems through the UPI-NPI linkage will further deepen financial connectivity

RBI inks pact with Nepal Rastra Bank for UPI link

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Integration of the fast payment systems aims to facilitate cross-border remittances between India and Nepal The Reserve Bank of India (RBI) and Nepal Rastra Bank...
As per NPCI data, the number of UPI transactions each day in December was over 387 million

UPI transactions surpass 100 bn mark in 2023: NPCI

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UPI transactions skyrocket; surpasses 100 billion mark in 2023 with 60% growth Transactions via the unified payments interface (UPI) platform surpassed the 100 billion mark...
The eCourts mission mode project is the prime mover for improving access to justice using technology

Rs.7,210 cr outlay approved by Cabinet for 3rd phase of eCourts scheme for 4...

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eCourts mission mode project is a pan-India project monitored and funded by Department of Justice of the Union Law Ministry On Wednesday, the Union Cabinet...
PM Narendra Modi holds a discussion with Sri Lankan President Ranil Wickremesinghe over a wide range of issues

Chinese ship was the center of discussion with the Sri Lankan President on July...

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PGURUS scoop was discussed by PM Narendra Modi PM Modi, Sri Lankan President Ranil Wickremesinghe hold talks PGURUS scoop of Chinese Spy Ship in Hambantota was...
The MoUs were signed by RBI Governor Shaktikanta Das and the Governor of the Central Bank of UAE, Khaled Mohamed Balama

India, UAE sign MoU to begin trade settlement in their currencies

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RBI, Central Bank of UAE sign MoUs on promoting local currencies, interlinking payment systems On Saturday, Prime Minister Narendra Modi held talks with UAE President...
PM Modi along with his Singaporean counterpart Lee Hsien Loong witnessed the launch of cross-border connectivity between the UPI and PayNow of Singapore

Digital transactions to soon exceed cash in India: PM Narendra Modi

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Digital wallet to beat cash volumes Prime Minister Narendra Modi on Tuesday expressed hope that digital transactions will soon surpass cash with Unified Payments Interface...
Government's push toward digital payments have also been a major factor in the growth of UPI transactions

UPI-based transactions see a substantial surge; hit record 8.03 bn in Jan at Rs.13...

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This milestone proves that India is now firmly on the path to becoming a digital-first economy In January the Unified Payments Interface (UPI)-based transactions hit...
There is a 25% rise in demand for micro-ATMs, and mPOS instruments, and the EMI collections for financial institutions and NBFCs have steep growth of over 200%

Massive rise of 650% in UPI transactions at semi-urban, rural stores

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Digital payments pick up in the country The unified payments interface (UPI) transactions witnessed a meteoric 650 percent rise at the semi-urban and rural stores...
The country crossed 6 billion transactions for the first time last month, logging 6.28 billion transactions worth Rs.10.62 lakh crore

UPI registers record transactions of 657 cr in August worth Rs.10.72 lakh cr

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The growth in UPI volumes is up almost 100% YoY The National Payments Corporation of India (NPCI) data revealed that the Unified Payments Interface (UPI)...
Move comes after the NPCI approved increasing the user cap for WhatsApp's payment service from the current 20 million to 40 million users

WhatsApp Pay looks forward to accelerate growth in India over next 6 months

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WhatsApp Pay plans significant investments in next 6 months WhatsApp India on Tuesday said that over the next six months, it will make notable investments...

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