Sitharaman hails UPI as world’s largest real-time payment system
In short
Finance Minister Nirmala Sitharaman highlighted India’s digital payments growth at the RBI’s Bhubaneswar campus inauguration. She said UPI is the world’s largest real-time payment system and pointed to 2,400 crore monthly transactions.
The statement shows how big UPI has become in India’s payments market. The reporting does not say that any new rules or plans were announced at the event.
What the reporting says
Finance Minister Nirmala Sitharaman highlighted India’s digital payments growth at the inauguration of the RBI’s Bhubaneswar campus. The report says she described UPI as the world’s largest real-time payment system and cited 2,400 crore monthly transactions. It does not provide new policy changes or say whether any fresh measures were announced at the event.
Why it matters
At the inauguration of the RBI’s Bhubaneswar campus, Finance Minister Nirmala Sitharaman highlighted India’s digital payments growth and said UPI is the world’s largest real-time payment system with 2,400 crore monthly transactions. The source does not mention new policy actions. The event mainly reinforces the scale of India’s payments infrastructure and the RBI’s role in it.