Unified Payments Interface (UPI), the real-time bank transfer mechanism, breached the 10 billion monthly transaction volume mark last month. And with the festive season not too far away, one can only expect it to grow more in the coming months. But what does this 10 billion really mean — and how did we get here?
Current Affairs 28 June 2022 affairscloud.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from affairscloud.com Daily Mail and Mail on Sunday newspapers.
The new framework, aimed at further streamlining the process, will be applicable to public issue of units of Infrastructure Investment Trust (InvIT) and real estate investment trust (REIT), which opens from August 1, the Securities and Exchange Board of India (Sebi) said in two separate circulars.