India drives 85% of transactions through UPI; DPPs boost financial inclusion: RBI Governor

India leads in digital public platforms, with UPI processing 85% of digital payments, facilitating financial inclusion and innovation. Reserve Bank Governor Sanjay Malhotra highlighted these cost-efficient, resilient systems, built as a public good. He emphasized …

India leads in digital public platforms, with UPI processing 85% of digital payments, facilitating financial inclusion and innovation. Reserve Bank Governor Sanjay Malhotra highlighted these cost-efficient, resilient systems, built as a public good. He emphasized global collaboration, sharing India’s MOSIP platform for national digital ID systems with 27 countries.

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