Pushkar Raj Thakur Explains RBI's New UPI Rules Effective from April 1, 2025

Worried about recent news on RBI's upcoming UPI regulations starting April 1, 2025? Prominent finance influencer Pushkar Raj Thakur has broken down the latest RBI rules regarding mobile numbers linked with UPI. The Reserve Bank of India introduced these rules to address rising financial fraud and transaction failures linked to outdated or reassigned mobile numbers. But what exactly are these rules, and how do they impact you?

Why RBI Introduced New UPI Rules

According to Pushkar Raj Thakur, RBI's primary aim behind introducing the new UPI rules is to significantly reduce transaction errors. Often, payments fail or funds go to incorrect accounts due to outdated mobile numbers still linked to UPI IDs. By enforcing updated contact information, RBI seeks to streamline transactions, enhancing security and reliability for all users.

Preventing Financial Fraud through OTPs

Thakur emphasizes another crucial aspect—fraud prevention. Previously, telecom companies reassigned inactive numbers to new users after prolonged inactivity. Consequently, sensitive OTP messages meant for original users could fall into unauthorized hands, leading to fraudulent transactions. The updated regulations ensure your mobile number remains current and securely linked to your account, drastically reducing fraud risk.

How Does This Impact Existing UPI Users?

Pushkar Raj Thakur reassures existing UPI users not to panic. If your current mobile number is actively linked to your UPI and bank account, no immediate action is needed. However, users must ensure their registered mobile number remains active and updated with their banks. This simple step ensures uninterrupted and secure UPI transactions going forward.

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Pushkar Raj Thakur's explanation of RBI's new UPI rules clarifies their importance in reducing errors and fraud. Staying informed and proactive about your registered mobile number ensures smooth, secure, and hassle-free financial transactions post-April 2025.