To enhance security and transparency, NPCI mandates UPI apps to display only verified bank names for transactions by June 30, 2025. This directive aims to curb rising UPI frauds caused by misleading display names, ensuring users see the ‘ultimate beneficiary name’ from Core Banking System. Post navigation Foreign investors back with $4.11 billion in Indian equities! FPIs extend longest buying spree since July 2023 ‘Mumbai-Ahmedabad bullet train to be operational by 2028’: Maharashtra CM Fadnavis
