India’s banking sector is emerging from a decade of challenges with renewed strength, stability, and global confidence. Supported by reforms, digital transformation, and disciplined balance sheet management, the sector is delivering its strongest performance in years with record-low non-performing assets (NPAs), robust profitability, and sustained credit expansion. According to data…
Tag: #UPIPayments
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UPI Powers 49% of Global Real-Time Payments
New Delhi : India’s Unified Payments Interface (UPI) has been recognised as the world’s largest retail fast-payment system by transaction volume, according to international assessments cited in a parliamentary reply on 8 December 2025. The International Monetary Fund’s June 2025 note on growing retail digital payments acknowledged UPI’s scale, while…
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Diwali 2025: Are Banks Open or Closed Today?
While Indian stock exchanges hold a special Muhurat trading session on Diwali, bank operations follow a state-wise holiday calendar announced by the Reserve Bank of India. On Tuesday, October 21, 2025 (Diwali/Deepavali & Govardhan Puja), many bank branches are closed in several cities while most branches in major metros remain…