In a shocking revelation, sources say Delhi blast suspects had recced the iconic Red Fort and planned a major terror strike on Republic Day. In a shocking revelation, investigators said that key suspect Muzammil and his aide Umar had conducted a recce of the Red Fort before the powerful Delhi blast
UPI Leads India’s Digital Payment Boom, Transactions Up Nearly Sixfold Since 2019: RBI Report
UPI Leads India’s Digital Payment Boom, Transactions Up Nearly Sixfold Since 2019: RBI Report
Unified Payment Interface (UPI) has accounted for 84.8 per cent digital payment share in India in terms of volume in the H1 of 2025, followed by NEFT at 3.9 per cent and IMPS at 2.1 per cent. However, in terms of value, UPS has a share of 9 per cent.
On the other hand, during this period, the Real Time Gross Settlement (RTGS) system recorded the largest share of 69 per cent in terms of value but accounted for the lowest share of 0.1 per cent in terms of volume.
Being a large value payment system, also called wholesale payment system, RTGS, with a minimum transaction amount of Rs 2 lakh, contributes higher in terms of transaction value but records fewer transactions than other payment systems.
In the HY ending June 2025 transaction volume was 12,549 crore, amounting to Rs 1,572 lakh crore.
Digital payment now handles almost 99.8 per cent of volume and 97.7 per cent of value in payment segment of the country.
Government Securities (G-Sec) market has experienced notable expansion from a value of Rs 769 lakh crore in CY 2019 to Rs 1,812 lakh crore by CY 2024. Transaction volume also increased from 13.76 lakh in 2019 to 17.6 lakh in 2024. During H1 2025, 9.85 lakh transactions with a total value of Rs 994 lakh crore had been processed.
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The Large Value Payment Systems (LVPS), also called wholesale payment systems, facilitate large value and high-priority payments such as money market, securities market and interbank settlements involving banks and other financial institutions. In India, LVPS include RBI-operated system viz. Real Time Gross Settlement (RTGS) and systems operated by Clearing Corporation of India Limited (CCIL).
Source: News18
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In a shocking revelation, sources say Delhi blast suspects had recced the iconic Red Fort and planned a major terror strike on Republic Day. In a shocking revelation, investigators said that key suspect Muzammil and his aide Umar had conducted a recce of the Red Fort before the powerful Delhi blast
3 months ago
