Digital Banking Growth in India: An Analysis of UPI as the Dominant Transaction Platform
Abstract
The present study examines the growth trajectory of digital banking in India through a comprehensive post-COVID trend analysis using secondary data. The data have been sourced from statistical publications and annual reports of the Reserve Bank of India (RBI) and transaction statistics published by the National Payments Corporation of India (NPCI). The study employs Compound Annual Growth Rate (CAGR) and trend analysis techniques to evaluate the structural transformation of digital banking, with special reference to the Unified Payments Interface (UPI).
Fields of Study & Subjects
Digital Transformation in Financial Services
Banking Sector Performance and Management
FinTech
Crowdfunding
Digital Finance
Publication details
- Journal / source
- International Journal For Multidisciplinary Research
- Volume
- 8
- Issue
- 2
- Publication date
- 3 March 2026
- Language
- EN