Major Disruption in SBI's UPI Services

On Tuesday, customers of the State Bank of India (SBI) faced significant inconvenience as the Unified Payment Interface (UPI) and mobile banking services were down for over four hours due to technical issues. The outage, which began in the first half of the day, led to a flurry of complaints from users unable to transfer funds.

By 5 PM, SBI announced that the issue had been resolved and that its UPI application was 'working fine.' The UPI platform, which processes an average of 39.3 crore transactions daily, with 4,500–4,600 occurring every second, is crucial for the digital banking ecosystem in India.