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UPI volume dips 5% sequentially but grows 32% YoY in November
UPI volume dipped 5% sequentially but grew 32% YoY, highlighting robust digital payment growth in India.
UPI transactions in India dipped by 5% sequentially in November to 14.5 billion, following the festive spike. However, the annual growth remains strong at 32%, and the transaction value increased by 28% to ₹20.5 lakh crore. The data underscores the continued growth of digital payments in the country.