UPI transactions in December hit a record 16.73 billion, an 8% increase from November’s 15.48 billion. Transaction value rose to Rs 23.25 lakh crore, up from Rs 21.55 lakh crore. Daily average transactions reached 539.68 million in December, with a daily transaction value of Rs 74,990 crore.
ICICI Bank, SBI among top picks which could give over 20% returns in 2025
Despite challenges in unsecured retail and microfinance segments, the banking sector’s outlook remains positive, supported by robust fundamentals and operational efficiency. Credit growth for FY25