Post-festive slump: UPI volume down 7%, value drops 8% in November

Unified Payments Interface (UPI) transactions saw a 7 per cent drop in volume to 15.48 billion and an 8 per cent fall in value to Rs 21.55 trillion in November compared with the previous month, according to data from the National Payments Corporation of India (NPCI). In October, they touched an all-time high, driven by festive sales.