October 2025 NPCI & UPI Update | No More P2P Collect Requests | Faster Cheque Clearing

Big Financial Changes in October 2025 🚨
✔️ RBI keeps repo rate unchanged at 5.50%
✔️ Faster cheque clearance system from Oct 4, 2025
✔️ NPCI bans UPI P2P Collect Requests (no more “request money” option between individuals)

👉 Impact:

Borrowers: No rate cut yet, possible in December

Cheque users: Funds clear faster

UPI users: Safer system, but no P2P collect option
Stay updated with the latest financial news in India 🇮🇳

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