What was the total value of UPI transactions in India in

Solution

According to recent reports, the total value of UPI transactions in India during October 2024 was ₹23.5 lakh crore (equivalent to approximately US$ 279.4 billion). This figure represents a new record high, with 16.58 billion transactions processed in the month.  Key points about October 2024 UPI transactions: ·         Transaction volume: 16.58 billion ·         Transaction value: ₹23.5 lakh crore ·         Growth: Significant increase compared to previous months, attributed to the festive season