NPCI FY25 Surplus Report shows ₹1,552 crore profit and ₹3,270 crore revenue with 213 billion digital transactions via UPI and other platforms, reflecting India’s growing fintech infrastructure. NPCI Reports Surplus Crosses ₹1,500 Crore, Revenue Hits ₹3,270 Crore in FY25 Strong Financial Performance Underlines NPCI’s Growth The National Payments Corporation of India (NPCI), the linchpin of…
NACH 3.0 by NPCI introduces faster and more secure recurring transactions like salary credits, EMIs, and SIPs. Learn its key features, benefits, and exam-relevant details. NPCI Launches NACH 3.0 to Enable Faster Salary, EMI, and SIP Transactions The National Payments Corporation of India (NPCI) has begun rolling out NACH 3.0, a significant upgrade to the National Automated…
NPCI IDRBT cybersecurity collaboration to enhance cybersecurity in India’s digital payment systems. Includes training, certification, and access to the “सचेत” threat intelligence platform. Joint MoU Aims at Fortifying the Digital Payment Ecosystem On June 17, 2025, the National Payments Corporation of India (NPCI) and the Institute for Development and Research in Banking Technology (IDRBT) signed…
SEBI UPI ID verification drive launches with SEBI Check tool from October 2025 to prevent investment fraud and secure digital payments for investors. 1. SEBI’s Move Towards Verified UPI IDs The Securities and Exchange Board of India (SEBI) has announced a major initiative to strengthen investor protection by introducing validated UPI handles for all SEBI-registered…
UPI’s Dominance in India’s Digital Payments Landscape The growth of India’s digital payments ecosystem has been remarkable over the past few years, and one of the key drivers of this revolution is the Unified Payments Interface (UPI). The UPI system, launched in 2016 by the National Payments Corporation of India (NPCI), has significantly transformed the…
Introduction Digital payments in India have witnessed rapid growth over the past few years, driven by the increasing adoption of online transactions, government initiatives, and technological advancements. In February 2025, key digital payment systems such as Unified Payments Interface (UPI), Immediate Payment Service (IMPS), FASTag, and Aadhaar Enabled Payment System (AEPS) continued to show significant…
EPFO’s Centralized Pension System: A Step Towards Simplified Pension Disbursement Introduction to EPFO’s Centralized Pension System The Employees’ Provident Fund Organisation (EPFO) has introduced a Centralized Pension System to streamline the disbursement of pension benefits to its beneficiaries. This new system is expected to reduce the burden on regional offices and create a smoother, more…
UPI Transactions Reach Record High in October with ₹23.5 Trillion in Value In a remarkable display of digital financial growth, the Unified Payments Interface (UPI) in India has achieved a significant milestone, recording a staggering transaction value of ₹23.5 trillion in October 2024. This achievement highlights the growing acceptance and reliance on digital payment systems…
UPI Users Can Now Send ₹5 Lakh for Certain Transactions The Unified Payments Interface (UPI), a flagship initiative of the National Payments Corporation of India (NPCI), has now increased the transaction limit for select services, allowing users to send up to ₹5 lakh. This is a significant development in India’s digital payments ecosystem, aimed at…
NPCI Launches UPI Circle for Secure Payments Among Trusted Users Introduction to UPI Circle The National Payments Corporation of India (NPCI) has recently introduced a new feature called UPI Circle. This innovation aims to enhance the security and reliability of digital transactions by allowing users to make payments within a trusted circle of contacts. The…
