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Debt Collection Agencies Driving UPI Transactions With 12.8% Value Share

The New Indian Express Mysuru

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August 19, 2025

DEBT collection agencies are driving the massive jump in UPI transactions where daily volumes have been increasing from ₹75,743 crore in January 2025 to ₹80,919 crore in July and further to ₹90,446 crore so far in August, with 12.8% of the total value being controlled by them while their volume contribution is a low 1.3%. The second slot is with groceries.

- ENS ECONOMIC BUREAU @ Mumbai

The debt collection agencies' transaction value has increased to ₹93,857 crore in July 2025 from ₹80,789 in April 2025, while the ticket size has declined to ₹5,817 from ₹5,952, it added.

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The New Indian Express Mysuru

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Rahul says will uphold federalism, 'won't allow attack on Constitution'

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The New Indian Express Mysuru

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India trashes Pak's Ram temple swipe

INDIA on Wednesday strongly rejected Pakistan's criticism of Prime Minister Narendra Modi's participation in a ceremony at the Ram temple in Ayodhya, asserting that Islamabad, with its \"deeply stained record\" on minority rights, lacks the \"moral standing to lecture others.

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WHEN the four new labour codes came into force on No- vember 21, India proudly turned a page in its industrial story to a chapter written for a modern workforce and a grow- ing economy

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The New Indian Express Mysuru

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PRIME Minister Narendra Modi on Wednesday underscored the responsibility of strengthening India's democracy by exercising the right to vote, saying that Constitution Day should also be observed in schools and colleges by celebrating young people turning 18.

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EC concerned over Bengal CEO's safety, Didi ups ante

EXPRESSING serious concern over a security breach at the West Bengal Chief Electoral Officer's (CEO) office, the national poll body on Wednesday sought an action-taken report (ATR) from Kolkata Police Commissioner Manoj Verma within 48 hours about the safety of the poll officers.

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Reservation row in J&K as Open Merit gets 40% quota of finance dept posts

THE row over reservation policies in Jammu and Kashmir has flared up again after the Finance Department advertised 600 posts of Accounts Assistants, with only 240 of those allocated to the Open Merit (OM) category.

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Kharif season: Record production of rice, but oilseeds & pulse output down

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