The Ministry of Electronics & Information Technology (MeitY) has released the list of “Digital Payment Scorecard”. In the list, the State Bank of India (SBI) has topped for the third consecutive months. The digital payment scorecard tracks the performance of the Commercial Banks on several digital parameters. SBI maintained the top remitter bank by recording the highest UPI transaction volume which accounted for nearly Rupees 640 million.
Buy Prime Test Series for all Banking, SSC, Insurance & other exams
SBI has also emerged as the largest issuer of debit cards. It issued over 290 million debit cards with a 30% market share with respect to card spends and 29% share with respect to transaction volume. Bank has also made steady progress with respect to increasing payment acceptance infrastructure.
Important takeaways for all competitive exams:
Dhar has been selected for the Safe Cities Project 2026 and it marks the major…
The Athletics Integrity Unit (AIU) have upgraded the India to the Category A. This category…
Education has a long and rich history. Some universities in the world were built hundreds…
The Archaeological Survey of India (ASI) has started the important conservation operation at the Konark…
River islands are special landforms that form inside rivers when soil, sand, and small rocks…
UK Parliament has approved the Tobacco and Vapes Bill which will permanently ban the individuals…