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Legal Framework Payment and Settlement Systems Act, 2007
Acts & Laws
Legal Framework Payment and Settlement Systems Act, 2007
On UPSC.wiki
Current affairs
UPI Hits Record 23.66 Billion Transactions in July 2026 — ₹29.88 Lakh Crore in Value
India's Unified Payments Interface (UPI) processed a record 23.66 billion transactions worth ₹29.88 lakh crore in July 2026, according to data released by the National Payments Corporation of India (NPCI). This surpassed the previous monthly volume record of 23.20 billion set in May 2026. Transaction volume grew 22% year-on-year and 4.1% month-on-month, without any major festival or quarter-end activity to drive the surge.
Related topics
Reserve Bank of India
Payment and Settlement Systems Act, 2007
Article 246
Information Technology Act, 2000
Goods and Services Tax
Reserve Bank of India Act, 1934
Jan Dhan Yojana
Parliamentary Standing Committee
Legal Framework Payment and Settlement Systems Act, 2007 — Acts & Laws for UPSC | UPSC.wiki | UPSC.wiki
