First India Stack Developer Conference

After the COVID pandemic, India emerged as one of the pioneers in digital technologies. To develop them further, the Ministry of Electronics and IT recently conducted the India Stack Developer Conference. This is the first time India is hosting such ..

Tags: API • Arogya Setu • BHIM UPI • Co-WIN • DigiLocker

Month: Current Affairs - January, 2023

Category: Events Current Affairs • Important Days & Events Current Affairs

Incentive scheme for promotion of RuPay Debit Cards

The Indian government has recently approved an incentive scheme worth Rs 2,600 crore to promote Rupay debit card and low-value BHIM-UPI transactions in the current financial year. The decision was made during a meeting of the Cabinet Committee on Economic ..

Tags: BHIM UPI • Budget • Incentive scheme • merchant transactions • Nirmala Sitharaman

Category: Economy & Banking Current Affairs - 2022

Single-block-and-multiple debit in UPI

At the end of the recently held Monetary Policy Committee’s Meeting, RBI Governor announced that UPI’s capacity will be enhanced through the introduction of single block and multiple debits functionality, enabling the users to block funds in their accounts to ..

Tags: BBPS • Bharat Bill Payment System (BBPS) • BHIM UPI • Monetary Policy Committee (MPC) • RBI Monetary Policy Committee

Month: Current Affairs - December, 2022

Category: Banking Current Affairs • Economy & Banking Current Affairs - 2022

BHIM App open-source license model

BHIM App open-source license model was announced by the National Payments Corporation of India (NPCI). What is BHIM App open-source license model? Under the BHIM App open-source license model, regulated entities in the UPI ecosystem can get license for accessing ..

Tags: BHIM UPI • Digital Banking • National Payments Corporation of India (NPCI)

Month: Current Affairs – November, 2022

Category: Banking Current Affairs • India Nation & States Current Affairs

Global Fintech Fest 2022

The Global Fintech Fest 2022 is organized to provide a platform to discuss ways to achieve sustainable finance. Key facts The GFF 2022 is jointly organized by National Payments Corporation of India (NPCI), the Payments Council of India (PCI) and ..

Tags: banking facilities • BHIM UPI • FinTech • FinTech in India • National Payments Corporation of India (NPCI)

Month: Current affairs - September, 2022

Category: Economy & Banking Current Affairs - 2022 • Events Current Affairs

Launch of UPI in UAE

The international arm of the National Payment Corporation of India, NPCI International Payments Ltd (NIPL) has announced that across the UAE, BHIM UPI is live on NEOPAY terminals. Overview: This initiative will be empowering the millions of Indians who travel ..

Tags: BHIM UPI • National Payment Corporation of India • UAE • Unified Payment Interface • UPI

Month: Current Affairs - April, 2022

Category: Banking Current Affairs • Economy & Banking Current Affairs - 2022