Person-to-Merchant (P2M) transactions to make 75% of all Unified Payments Interface (UPI) transactions by 2025, says the report. It is driven by zero transaction fees and depth of acceptance. Currently, 56.1% of all UPI transactions are P2M transactions.

According to RBI, household investments in mutual funds (MFs) reached a new high of Rs. 1.8 trillion (US$ 21.66 billion) during the fiscal year 2022-23, partly due to strong inflows via systematic investment plans (SIPs).

According to the Deputy Governor of the Reserve Bank of India (RBI), Mr. Rabi Sankar, the Reserve Bank of India is focusing on enabling interoperability with the United Payments Interface (UPI) with the e-rupee, the central bank's digital currency

India’s first-ever UPI-ATM has been launched by Hitachi Payment Services with the National Payments Corporation of India (NPCI).

According to a tweet from the central bank, the Reserve Bank of India Governor Mr. Shaktikanta Das has received an A+ rating in the Global Finance Central Banker Report Cards 2023. Mr. Das has been placed at the top of the list of three central bank governors who have received an A+ rating.