UPI may not stay free forever, warns RBI governor amid growing subsidy burden
Malhotra underlined that while India’s commitment to accessible, secure digital payments remains firm, long-term sustainability cannot be overlooked. The Reserve Bank of India has signalled that the era of entirely free digital transactions may be nearing its end. As the Unified Payments Interface (UPI) continues to scale new heights, RBI Governor Sanjay Malhotra stressed…


