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  • Business Today

    THE DIGITAL DRIVE

    Feb 20, 2020 2 minutes
    By Shivani Sharma
    Graphics by
    Tanmoy Chakraborty

    Retail e-Clearing Doubles In Just a Year

    From FY18 to FY19, value of retail electronic clearing went up 39%, but volume jumped 95%

    Volume in million

    Value in ₹ lakh crore

    Source: RBI

    UPI IMPACT

    UPI transactions crossed the one billion mark in October 2019. The growth in volume has been over 100% (y-o-y) in all months of the current

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