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Unified Payments Interface

RBI sees CBDC as future of money; eyes nationwide rollout of ULI
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19 December, 2024

RBI sees CBDC as future of money; eyes nationwide rollout of ULI

RBI's outgoing governor, Shaktikanta Das, sees that CBDC will likely become the future of money, while his successor looks at...
RBI grants credit lines through UPI to small finance banks
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12 December, 2024

RBI grants credit lines through UPI to small finance banks

The RBI has allowed small finance banks to extend pre-sanctioned credit lines through the UPI to extend "financial inclusion" and...
RBI urges small businesses to adopt UPI, digital payments
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6 December, 2024

RBI urges small businesses to adopt UPI, digital payments

The Reserve Bank of India has suggested adopting digital payment systems like the Unified Payments Interface and online banking to...
India discussing Unified Payments Interface expansion: RBI
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25 November, 2024

India discussing Unified Payments Interface expansion: RBI

Introduced in 2016, UPI has emerged as the most preferred method of retail payments in India, with a 79.6% share...
RBI: Digital products make financial sector more complex
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22 November, 2024

RBI: Digital products make financial sector more complex

While the RBI is committed to improving the digitalization of banking services, it has also been busy addressing growing cybersecurity...
India eyes more CBDC use cases; no target date for rollout
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14 November, 2024

India eyes more CBDC use cases; no target date for rollout

India continues to explore new use cases for its digital rupee, with RBI Governor Shaktikanta Das saying there is no...
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