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Reserve Bank Of India

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Digital payments account for 99.8 per cent of all transactions by volume in H1

Digital payments account for 99.8 per cent of all transactions by volume in H1

According to the the Central bank, digital payments made up 99.8 per cent of all transactions by volume and 97.7 per cent by value in H1 2025, highlighting India’s fintech revolution. UPI led the surge, handling over 10,637 crore transactions worth Rs 143.3 lakh crore, while RTGS accounted for 69 perc of the total value share

24 October,2025 05:06 PM IST | Mumbai | mid-day online correspondent
New India Co-Operative Bank fraud: Court denies bail to ex-GM

New India Co-Operative Bank fraud: Court denies bail to ex-GM

Hitesh Mehta, the primary accused, who previously served as the bank’s General Manager and Head of Accounts, is accused of misappropriating Rs 122 crore from the bank’s reserves over a five-year period

22 October,2025 05:53 PM IST | Mumbai | mid-day online correspondent
61-year-old Dombivli woman loses Rs 8 lakh in digital arrest scam

61-year-old Dombivli woman loses Rs 8 lakh in digital arrest scam

Dombivli woman says fraudsters questioned her in detail about her family’s savings; calls stopped on the fourth day after the victim uploaded her son’s picture on WhatsApp

11 October,2025 09:10 AM IST | Mumbai | Aishwarya Iyer
AI must be regulated to safeguard financial stability: RBI Deputy Governor

AI must be regulated to safeguard financial stability: RBI Deputy Governor

The Deputy Governor stressed that the integration of AI into financial systems must be treated with profound responsibility. "In finance, the margin for error is narrower, as financial institutions are built on trust and economies prosper on stability," he said

08 October,2025 02:52 PM IST | Mumbai | mid-day online correspondent

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