UPI outage due to financial year-end transaction rush at banks, says NPCI

Digital payment users on Tuesday encountered issues in processing transactions on India’s real-time payments system, Unified Payments Interface (UPI), with the National Payments Corporation of India (NPCI) attributing technical declines to financial year closing at the bank-end.

The financial year 2025 (FY25) ended on March 31, with the new financial year starting April 1.

“Today, due to the financial year closing, some of the banks are facing intermittent transaction declines. UPI system is working fine, and we are working with the concerned banks for necessary redressal,” the NPCI said in a statement.