New Delhi, Oct. 26 -- Union Finance Minister Nirmala Sitharaman on Sunday said the Unified Payments Interface (UPI) has emerged as the world's largest real-time payment system, processing more than 2,400 crore transactions every month.

She was speaking at an event in Bhubaneswar after Prime Minister Narendra Modi inaugurated the Reserve Bank of India's (RBI) data centre and Cybersecurity Training Institution.

Sitharaman said the new campus would house critical payment infrastructure, including the Real Time Gross Settlement (RTGS) and National Electronic Funds Transfer (NEFT) systems. These systems play a crucial role in facilitating financial transactions and supporting the uninterrupted functioning of India's payment ecosystem.

"This...