#banking #finance #digital banking

What is UPI and Why is It Booming? Launched by NPCI (National Payments Corporation of India) in 2016, UPI allows real-time, 24/7 fund transfers using just a mobile number or UPI ID — no bank details, no IFSC, no hassle. By 2024, UPI clocked over 120 billion transactions valued at ₹180+ lakh...

In the past decade, the global banking landscape has undergone a major transformation, with digital-only banks—also known as neobanks—emerging as a strong alternative to traditional brick-and-mortar institutions. These banks operate entirely online, often without any physical branches, offering...

In the past decade, India has witnessed a massive transformation in the banking and finance sector, thanks to the rise of digital banking. From mobile wallets to Unified Payments Interface (UPI), and internet banking to neobanks, the way people manage and transfer money has completely changed...