Make UPI robust to prevent disruptions, FM Nirmala Sitharaman tells NPCI
Finance Minister Nirmala Sitharaman on Monday directed action to make the Unified Payments Interface (UPI) system more robust, and ensure there is no repeat of the multiple disruptions experienced by users earlier this month.
The finance minister stressed this to officials concerned during a meeting to review various aspects and the way forward for the Unified Payments Interface (UPI) ecosystem in New Delhi. The meeting was attended by senior officials from the Reserve Bank of India (RBI), the National Payments Corporation of India (NPCI), along with Finance Secretary Ajay Seth, Department of Financial Services Secretary M Nagaraju.