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Reserve Bank of India

India’s UPI most preferred for retail payments in 2023-24, RBI report says

Business

Pradipta Mukherjee

9 August, 2024

India’s UPI most preferred for retail payments in 2023-24, RBI report says

India’s UPI has emerged as the most preferred method of retail payments, with a 79.6% share in total volumes of...

India’s digital trade could reach $2.4T by 2047 as digital trade popularity soars: RBI

Business

Pradipta Mukherjee

8 August, 2024

India’s digital trade could reach $2.4T by 2047 as digital trade popularity soars: RBI

Thanks to the development of seamless payment networks, India's e-commerce and digital trade ecosystem is flourishing, with the Reserve Bank...

Reserve Bank of India: CBDCs may reduce availability of cash deposits with banks

Business

Pradipta Mukherjee

7 August, 2024

Reserve Bank of India: CBDCs may reduce availability of cash deposits with banks

CBDCs may have the potential to be the future of money, but the Reserve Bank of India points out the...

RBI: Emerging tech driving India’s financial sector transformation despite digital fraud concerns

Business

Pradipta Mukherjee

31 July, 2024

RBI: Emerging tech driving India’s financial sector transformation despite digital fraud concerns

According to RBI Governor Shaktikanta Das, "The financial landscape in India is undergoing a structural transformation," driven by technological innovations...

India’s digital payments rise 12.6%, RBI-DPI data says

Business

Pradipta Mukherjee

30 July, 2024

India’s digital payments rise 12.6%, RBI-DPI data says

India’s digital payments rose to 445.50 as of March 2024, compared to 395.57 in March 2023, the Reserve Bank of...

India in need of simplifying user verification process to bolster digital payments

Finance

Pradipta Mukherjee

26 July, 2024

India in need of simplifying user verification process to bolster digital payments

While India has witnessed a surge in digital payments, the country’s KYC procedure continues to be cumbersome, especially for the...

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Steven Stradbrooke

30 Sep 2026

Reserve Bank of India

India’s UPI most preferred for retail payments in 2023-24, RBI report says

India’s digital trade could reach $2.4T by 2047 as digital trade popularity soars: RBI

Reserve Bank of India: CBDCs may reduce availability of cash deposits with banks

RBI: Emerging tech driving India’s financial sector transformation despite digital fraud concerns

India’s digital payments rise 12.6%, RBI-DPI data says

India in need of simplifying user verification process to bolster digital payments

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