# India's UPI becomes world's largest real-time payment system

> Finance Minister Nirmala Sitharaman announces India's UPI handles 2,400 crore monthly transactions, making it the world's largest real-time payment system.
- Title: India's UPI becomes world's largest real-time payment system
- Summary: Finance Minister Nirmala Sitharaman announces India's UPI handles 2,400 crore monthly transactions, making it the world's largest real-time payment system…
- Keywords: unified payments interface, upi, india, rbi, bhubaneswar, real time gross settlement, national electronic funds transfer, pradhan mantri jan dhan yojana, pradhan mantri mudra yojana, pradhan mantri svanidhi, pradhan mantri jeevan jyoti bima yojana, news
- Source: mint — https://livemint.com/economy/worlds-largest-real-time-payment-system-2-400-crore-monthly-transactions-fm-sitharaman-on-indias-upi-revolution-11793016031941.html
- Author: Rajendra Saxena
- Published: 2026-10-26T13:35:54+00:00
- Read time: 1 min
- Topics: unified payments interface, upi, india, rbi, bhubaneswar, real time gross settlement, national electronic funds transfer, pradhan mantri jan dhan yojana, pradhan mantri mudra yojana, pradhan mantri svanidhi, pradhan mantri jeevan jyoti bima yojana, news
## UPI becomes global leader
Finance Minister Nirmala Sitharaman states India's Unified Payments Interface has become the world's largest real-time payment system.

> the unified payments interface ( upi ) has emerged as the world's largest real-time payment system, processing more than 2,400 crore transactions every month
## RBI campus launch
Prime Minister Narendra Modi inaugurated the Reserve Bank of India's Bhubaneswar campus, where critical payment infrastructure will be housed.
## Payment infrastructure
The campus will house Real Time Gross Settlement (RTGS) and National Electronic Funds Transfer (NEFT) systems for secure financial transactions.
## Jan Dhan accounts
Over 59 crore Jan Dhan accounts have been opened, bringing millions into the formal banking system.

> banking facilities have been provided to the last man in the line; over 59 crore jan dhan accounts have been opened
## MUDRA loans
More than ₹43 lakh crore has been sanctioned through 60 crore collateral-free loans under the Pradhan Mantri MUDRA Yojana.
## Street vendor support
1.2 crore loans have been disbursed to street vendors under the Pradhan Mantri SVANidhi scheme.
## Purvodaya strategy
The government aims to ensure eastern India's economic progress contributes to national growth through the Purvodaya policy.
## Key takeaway

India's Unified Payments Interface processes over 2,400 crore monthly transactions, becoming the world's largest real-time payment system.