UPI, on the other hand, is gaining currency by the day. The UPI transactions hit Rs 20.64 lakh crore in the month of July growing by 35% year-on year. It’s the third straight month of Rs 20 lakh crore worth of transactions.
Citi bullish on Indian equities, sees Nifty at 28,000 by end-2027
Citi Research projects that India’s benchmark Nifty 50 index could hit 28,000 points by the end of 2027. This forecast is based on strong earnings