{
  "id": 2193376,
  "title": "UPI adoption accelerates in capital markets, led by brokers and rising retail participation",
  "url": "https://urgent.news/2026/08/20/upi-adoption-accelerates-in-capital-markets-led-by-brokers-and-rising",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-20T16:12:58.000Z",
  "source": {
    "name": "Hindu BusinessLine",
    "slug": "hindu-businessline",
    "url": "https://www.thehindubusinessline.com/money-and-banking/upi-adoption-accelerates-in-capital-markets-led-by-brokers-and-rising-retail-participation/article71368981.ece"
  },
  "original_language": "en",
  "account": "UPI adoption is rapidly expanding in India's capital markets, driven by brokers and increasing retail participation, according to data released by SEBI. The Unified Payments Interface (UPI) infrastructure, now validated and regulated, facilitates over 23.1 crore transactions worth ₹3,24,800 crore in the market between October 2025 and March 2026. Brokers led the activity with 21.3 crore transactions totaling ₹2.95 lakh crore, followed by IPOs with 1.07 crore transactions amounting to ₹20,458 crore, and Mutual Funds with 70.36 lakh transactions totaling ₹8,475 crore. Research analysts and investment advisors also contributed ₹107 crore and ₹19 crore in fees, respectively, through verified transactions. UPI's adoption is seen as a critical investment infrastructure, as it offers customers convenience, speed, and control over their investments. This trend is expected to continue with the surge in the number of demat and unique accounts in India, further supporting the growth of the capital markets.",
  "summary": "Validated UPI framework powers ₹3.24 lakh crore in capital market transactions, brokers dominate activity",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}