ET Yr-end Particular Reads
NPCI stated the worth of the transactions labored at Rs 23.25 lakh crore in December 2024 as towards Rs 21.55 lakh crore in November.
The common day by day transaction depend throughout December was 539.68 million, up from 516.07 million in November.
In worth phrases, the common day by day transaction amounted to Rs 74,990 crore in December. This compares with Rs 71,840 crore in November.
NPCI, an initiative of the Reserve Financial institution of India (RBI) and the Indian Banks’ Affiliation, is an umbrella organisation for working retail funds and settlement techniques in India (IBA).
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NPCI runs the Unified Funds Interface (UPI) used for real-time funds between friends or at retailers’ finish whereas making purchases.
