25Aug 2026

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cashless economy Competitive Exams Digital India digital payment revolution digital payments in India digital transformation Financial Inclusion Fintech India fintech innovation India digital economy Indian Economy NPCI Unified Payments Interface UPI UPI 10 years UPI digital payments UPI revolution UPI transactions UPSC UPSC Current Affairs UPSC Economy
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UPI: 10 Years of India’s Digital Revolution

UPI: A DECADE OF INDIA’S DIGITAL PAYMENTS REVOLUTION Why in the News? The Unified Payments Interface (UPI) completed 10 years on 25 August 2026, marking a major milestone in India’s Digital Public Infrastructure (DPI). From 1.78 crore transactions in 2016-17, annual UPI transaction volume has risen to over 24,162 crore transactions in 2025-26, alongside rapid …

06Apr 2024

RBI TO ALLOW UPI FOR CASH DEPOSIT, ENHANCING BANKING CONVENIENCE.

Why in the news? RBI plans to enable UPI for cash deposits, permits foreign investment in green bonds, and introduces a mobile app for Retail Direct scheme. source:fintra About RBI’s Initiatives for Digital Banking: RBI plans to enable Unified Payment Interface (UPI) for cash deposits, acknowledging its popularity and convenience. This move aims to enhance …

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UPI: 10 Years of India’s Digital Revolution

RBI TO ALLOW UPI FOR CASH DEPOSIT, ENHANCING BANKING CONVENIENCE.

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