Pune, Maharashtra, India (NewsVoir) India’s growth journey is being powered by the rapid digitalisation of its financial system. From mobile-based payments to online lending and financial inclusion initiatives, technology is transforming how people access, use, and benefit from financial services.

The Bajaj Finserv Banking and Financial Services Fund, an open ended equity scheme, seeks to invest in companies that are part of this evolving financial landscape. The New Fund Offer is currently live from Monday, November 10, 2025, and will close on Monday, November 24, 2025. The scheme will reopen for subscription within five business days from the date of allotment. 

How UPI is driving digital payments at scale Over the past few years, India has emerged as a leader in digital transactions. The Unified Payments Interface (UPI) has made sending and receiving money as simple as scanning a code. This ease of use has helped drive a sharp increase in transaction volumes and values.

UPI transaction value has grown nearly five times, from Rs. 41 trillion in FY21 to Rs. 236 trillion in FY25. What started as a convenience in cities is now a part of everyday life even in smaller towns. Non-cash transactions among Indian households are expected to rise from 38% in FY23 to 62% in FY28, showing how digital payments are becoming a preferred mode of transaction.

This shift has strengthened the digital foundation of India’s financial system, making it more inclusive, efficient, and accessible.

Source: MOFSL, Press Information Bureau, CareEdge, Mobikwik, Redseer Digital lending expands financial access Technology is also reshaping how credit reaches people and businesses. Digital lending platforms have opened new ways for individuals and small enterprises to borrow, often with faster processing and fewer barriers.