India's digital payments market is at an inflection point and is expected to increase more than threefold from the current US$3 trillion to US$10 trillion by 2026.
At the United Nations Conference on Trade and Development (UNCTAD), India jumped one place to the 7th position as the top recipient of foreign direct investment (FDI) in the last calendar year (2021).
The Tamil Nadu government signed a Memorandum of Understanding (MoU) with the India Post Payments Bank (IPPB) for obtaining life certificates from pensioners through doorstep services of the Postal Department.