Unified Payment Interface

NPCI profit jumps 42% to Rs 1,552 crore in FY25

NPCI profit jumps 42% to Rs 1,552 crore in FY25

25 Jun 2025, 13:02 PM

NPCI's standalone revenue grew 19% to Rs 3,270 crore in FY25 from Rs 2,749 crore in the previous financial year.

FM Nirmala Sitharaman asks NPCI to address infra gaps to curb UPI outages

FM Nirmala Sitharaman asks NPCI to address infra gaps to curb UPI outages

30 Apr 2025, 23:03 PM

Union Minister for Finance and Corporate Affairs Nirmala Sitharaman chaired a meeting to review various aspects and the way ahead for the UPI ecosystem.

UPI frauds: 6.32 lakh fraud cases worth Rs 485 crore in April-September

UPI frauds: 6.32 lakh fraud cases worth Rs 485 crore in April-September

26 Nov 2024, 23:13 PM

According to the data revealed by the Ministry of Finance in a reply to Parliament, UPI fraud incidents surged by 85% in FY24.

Unifi Asset Management receives Sebi nod to launch mutual fund business

Unifi Asset Management receives Sebi nod to launch mutual fund business

14 Nov 2024, 22:13 PM

Unifi has about Rs 27,000 crore ($3.2 billion) in assets under management (AUM) as of 31st October 2024).

NPCI asks fintechs to stop ‘unauthorized’ use of UPI IDs

NPCI asks fintechs to stop ‘unauthorized’ use of UPI IDs

24 Oct 2024, 17:59 PM

The unauthorized use of UPI IDs include, accessing customer names, bank account statuses, alternate UPI IDs, and verify customer mobile numbers.

Fintech Highlights

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  2. MobiKwik enters stock broking business

  3. Morgan Stanley sells Rs 18 crore worth shares in Policybazaar parent

  4. At a Glance: Fintechs rule personal loan volume, but bank-like on gender thinking

  5. American Express to discontinue Amex Pay from July 31
  6. Read more highlights...

AI/Emerging Tech

  1. Sutskever steps into CEO role at own startup after Meta poaches Daniel Gross

  2. Elon Musk's xAI raises $10 billion to boost Grok platform

  3. Amazon introduces new generative AI model as it deploys 1 millionth robot

  4. AI Mode, ChatGPT or Perplexity - who's best at keeping kids active indoors on hot days

  5. Over 40% of agentic AI projects to be scrapped by 2027-end: Gartner
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Editor's Pick

  1. RBI vs Government: The battle over India’s digital payments ecosystem explained

  2. What led Google-backed DotPe to shut down its lending unit

  3. Madras HC grants anticipatory bail to Strata founder in email impersonation case