Summary and Index

Welcome to the November 2024 edition of our newsletter! This edition brings exciting updates from the cooperative banking sector. OneStack has been recognized as one of the Top 10 Innovators by HDFC Bank, highlighting our commitment to financial inclusion. We cover key developments such as UPI transactions set new record in October, new UPI Lite features a surge in rural insurance adoption, and recent RBI actions on cooperative banks. Don't miss our upcoming events, including the Cooperative Bank Compliance Summit and the ICA Global Cooperative Conference

Key Points for November 2024:

1. OneStack Makes the Top 10 Innovators List by HDFC!
2. UPI sets a new record in October
3. Two new UPI changes: UPI Lite Auto top-up feature from November 1, 2024
4. Rural resilience: India sees surge in insurance adoption
5. Upcoming Events for Cooperative Bank Employee

1. OneStack Makes the Top 10 Innovators List by HDFC!

2. UPI sets a new record in October with 1658 crores transactions worth Rs. 2.35 Lakh Crores

3. Two new UPI changes: UPI Lite Auto top-up feature from November 1, 2024; transaction limit hike to be rolled soon

4. Rural resilience: India sees surge in insurance adoption

5. Upcoming Events for Cooperative Bank Employees

We hope you find this newsletter informative and engaging. Stay tuned for more updates next month!

Best regards,

OneStack Team