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Banks
Teen-focused neo-banking platform Akudo to shut down operations
Bank of Baroda enables UPI LITE
Technology
Global non-cash transactions to hit 1.3 trillion, UPI usage at record high in India
Eco Buzz
SBI announces introduction of UPI interoperability
Economy
UPI-based payments cross 10 billion monthly transactions for 1st time
Rs 500 limit for offline digital payments
Markets
UPI transactions shot up to Rs 83.2Lcr
SBI Card enables RuPay Credit Cards on UPI
Paytm launches two innovative payment device, can be used on the go
BankBazaar.com hopes to breakeven
Paytm announces 39 % growth in Q1 FY24
PhonePe launches Income Tax Payment feature on its app