FM Nirmala Sitharaman asks NPCI to address infrastructure gaps to prevent future disruption of UPI

April 29, 2025

, By The Economic Times

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Finance Minister Nirmala Sitharaman on Monday urged all stakeholders to work collaboratively to address infrastructure gaps while underscoring the need to target one billion UPI transactions per day within the next 2-3 years. The review meeting chaired by the Finance Minister assumes significance in view of disruptions faced by UPI users in the recent past due to a spate of outages. UPI users across the country experienced transaction failures on April 12, the third in less than a fortnight. UPI outage was earlier reported on March 26 and April 2.

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FM Nirmala Sitharaman asks NPCI to address infrastructure gaps to prevent future disruption of UPI

April 29, 2025

, By The Economic Times

Finance Minister Nirmala Sitharaman on Monday urged all stakeholders to work collaboratively to address infrastructure gaps while underscoring the need to target one billion UPI transactions per day within the next 2-3 years. The review meeting chaired by the Finance Minister assumes significance in view of disruptions faced by UPI users in the recent past due to a spate of outages. UPI users across the country experienced transaction failures on April 12, the third in less than a fortnight. UPI outage was earlier reported on March 26 and April 2.

…

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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Previous News

Gold-backed cryptocurrencies spike amid global trade uncertainty

Next News

SEBI Busts India’s First Major Spoofing Scam Involving Broker and 173 Stocks

The Economic Times

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