UPI processes around 14 billion transactions monthly, but Credit Line on UPI could boost its growth, reaching a $1 trillion payment value by 2030. This innovation, explored in an interview with Sivaram Kowta of Zeta India, discusses the advantage banks have over fintechs, tech challenges, and Zeta’s solutions, emphasizing its game-changing potential.

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The episode reflects on the past year since the announcement of the Credit Line on UPI, featuring Gaurav Mittal, CEO of Vegapay. Discussions include the nuances between Credit Lines and Credit Cards on UPI, technology and regulatory considerations, the role of third-party apps, and Vegapay’s business model and future plans.

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In this special India Fintech Diaries episode, experts Kumar Shekhar and Sundeep Mohindru discuss the crucial role of fintech in supporting India's MSMEs. They explore challenges in banking and lending, innovative fintech solutions, government policy impacts, and the future of MSME financing, highlighting how digital platforms are reshaping this sector in India.

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Last month, amid RBI's monetary policy announcement, Governor Shaktikanta Das hinted towards an Omnibus framework for Self Regulatory Organizations (SROs). The potential impact of SROs on Fintech regulation in India was discussed with Shivashish Chatterjee, Co-founder of DMI Finance, and Jatinder Handoo, CEO of the Digital Lenders Association of India.

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