https://www.taxtmi.com/news?id=51888 The NPCI reported intermittent UPI connectivity failures caused by internal technical problems at several banks while its own systems remained functional; it coordinated with lenders to restore service. The outage, which generated widespread user complaints, highlights operational dependence of the central platform on participant banks and raises questions about allocation of responsibility and costs given the platform is government-subsidised to promote digital payments. en-us Thu, 07 Aug 2025 22:16:03 +0530 Thu, 07 Aug 2025 22:16:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=51888 The NPCI reported intermittent UPI connectivity failures caused by internal technical problems at several banks while its own systems remained functional; it coordinated with lenders to restore service. The outage, which generated widespread user complaints, highlights operational dependence of the central platform on participant banks and raises questions about allocation of responsibility and costs given the platform is government-subsidised to promote digital payments. News - Thu, 07 Aug 2025 22:16:03 +0530 https://www.taxtmi.com/news?id=51888