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IPOs have gained popularity among retail investors, with many seeing their investments grow rapidly post listing. Applying for an IPO through a demat account using the UPI method is the preferred and simplest option.
Unified Payments Interface (UPI), the real-time bank transfer mechanism, breached the 10 billion monthly transaction volume mark last month. And with the festive season not too far away, one can only expect it to grow more in the coming months. But what does this 10 billion really mean — and how did we get here?