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Bangalore Metropolitan Transport Corporation

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139-577: Bangalore Metropolitan Transport Corporation , officially Bengaluru Metropolitan Transport Corporation ( BMTC ), is a state-owned public road transport corporation in the Indian city of Bangalore . It is wholly owned by the Government of Karnataka . It serves the Bangalore Metropolitan Region . As of 28 September 2024, it has a fleet of 6340 vehicles. Mysore Government Road Transport Department

278-621: A feudal ruler under the Vijayanagara Empire , established a mud fort , considered the foundation of modern Bengaluru and its oldest areas, or pétés , which still exist. After the fall of the Vijayanagara Empire, Kempe Gowda declared independence; in 1638, a large Adil Shahi Bijapur army defeated Kempe Gowda III, and Bengaluru came under Shahaji Bhonsle as a jagir , which later became his capital. The Mughals later captured Bengaluru and sold it to Maharaja Devaraja Wodeyar II of

417-486: A higher frequency rate, the per transaction limit will be maximum ₹200, as it creates a large backlog of volume which increases the failure rate and affects the stability of the entire payment network. To save electricity consumption and computing power of banks, UPI mobile apps will have to support on-device wallet features as per the RBI directive from December 2021. The in-built wallet will help in low-value instant payment by using

556-562: A large Adil Shahi Bijapur army led by Ranadulla Khan and accompanied by his second in command Shāhji Bhōnslē defeated Kempe Gowda III, and Bengaluru was given to Shāhji as a jagir (feudal estate). Around 1639, he ordered the reconstruction of the destroyed city and the building of new lakes to solve the water shortage in the region. In 1687, the Mughal general Kasim Khan, under orders from Aurangzeb , defeated Ekoji I , son of Shāhji, and sold Bengaluru to Chikkadevaraja Wodeyar (1673–1704),

695-573: A letter to third-party payment providers and their partner banks when UPI transactions hits 25–27% threshold which payment providers must acknowledge. In return, payment providers will send second alert to NPCI with evidence on the steps taken for compliance. In case 30% mark is breached, payment providers and banks must stop new user on-boarding. In special cases, payment providers and banks may get an exemption of 6 months for compliance. The report of breaching 30% market cap must reach NPCI within first five working days with plan for corrective measures. During

834-496: A market share of 45.94% and 34.45% respectively in the UPI payment ecosystem while Paytm took 11.94% share with ₹387.85 million transaction. From the financial year 2015–21, the domestic retail payment by value on UPI grew at 18% at a compound annual growth rate (CAGR) while between 2017 and 2021, the collective payment on all forms of UPI grew at 400% CAGR. In the financial year 2021, ₹41 trillion ( short scale ) worth of money

973-403: A number of organisations for over a couple of days. The heaviest rainfall recorded in a 24-hour period is 179 mm (7 in) recorded on 1 October 1997. In 2022, Bengaluru faced a large amount of rainfall, 368% more than the yearly average. Several areas were flooded, and power supply was also cut off. March record high Bengaluru is a megacity with a population of 8,443,675 in

1112-493: A part of the seismic zone II (a stable zone), it has experienced earthquakes of magnitude as high as 4.5 on the Richter scale . Bengaluru has a tropical savanna climate ( Köppen climate classification Aw ) with distinct wet and dry seasons. Due to its high elevation, Bengaluru usually enjoys a more moderate climate throughout the year, although occasional heat waves can make summer somewhat uncomfortable. The coolest month

1251-527: A person (the primary user) could grant permission to another person (the secondary user) to utilize their bank account to perform UPI transactions. The primary user would choose the transaction limit. The UPI Circle feature was launched on 19 August 2024. Two kinds of delegation are possible with UPI Circle. Full delegation, in which the primary user gives the secondary user the authority to start and finish transactions up to specified expenditure limitations without needing additional permission. Additionally, there

1390-461: A phased manner which would transmit the location of the bus to the ITS control room. On 20 May 2023, A mobile app called Namma BMTC was launched on the android and iOS platform which was made available in two languages, English and Kannada. The app provides information about bus routes and bus stops. Real time location of buses on a particular route can also be tracked, which requires the users to switch on

1529-468: A popular payment option for initial public offerings (IPOs). The transaction limit was enhanced from ₹100,000 to ₹200,000 in March 2020. From December 2021, RBI again increased the limit to ₹500,000 for Retail Direct Scheme and IPO applications. To make UPI economically feasible for payment companies, RBI is considering a merchant discount rate (MDR) on future UPI transactions. In its first monetary policy for

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1668-590: A population of over a million. The city is widely regarded as the " Silicon Valley of India", as the largest IT hub of the country. Infosys , Wipro , Mindtree , Mphasis , Flipkart , and Myntra are headquartered in Bengaluru. IT companies located in the city contributed 33% of India's ₹1,442 billion (US$ 20 billion) IT exports in 2006–07. Bengaluru's IT industry is divided into three main clusters : Software Technology Parks of India (STPI); International Tech Park, Bangalore (ITPB); and Electronic City . Most of

1807-521: A possible floral origin of the name as derived from benga , the Kannada term for Pterocarpus marsupium (also known as the Indian Kino Tree), a species of dry and moist deciduous trees that grows abundantly in the region. On 11 December 2005, the Government of Karnataka accepted a proposal by Jnanpith Award winner U. R. Ananthamurthy to rename Bangalore to Bengalūru . On 27 September 2006,

1946-409: A quick refund feature for UPI in 2024. Compared to the industry average of five to six business days, the reimbursement will be initiated within 2 minutes. After introducing the first card-less UPI automated teller machine (ATM), Hitachi Payment Services is now working on creating a UPI-based cash recycler machine (CRM). It will operate on UPI ATMs' opposite principle. The Reserve Bank of India and

2085-687: A real-time feature that will reduce the 24-hour time period taken by banks to unblock funds over time-out or transaction declines to 30 seconds. The service was officially launched on 20 September 2022. On 7 December 2022, RBI announced that UPI will upgrade from single-block-single to single-block-multiple debit for recurring transactions and investments in securities. This feature is expected to help users block funds for specific purposes and release them when needed. RBI on 6 April 2023 proposed allowing credit on UPI through pre-approved bank lines which would help customers reduce their dependence on credit cards. On its point-of-sale devices , Razorpay introduced

2224-464: A single urban centre in 1949. The city was generally known as Bangalore in English until the existing Kannada name, Bengalūru , was declared the city's official name in 2006. Bengaluru is considered to be one of the fastest-growing global major metropolises. Recent estimates of the metro economy of its urban area has ranked Bengaluru as one of the most productive metro areas of India. The city

2363-697: A total value of ₹1330 billion. In June 2021, UPI recorded 1.94 million IPO mandates that increased to 7.66 million in July. This was the highest ever since UPI was made mandatory by Securities and Exchange Board of India for domestic retail investors for IPO process. By late August 2020, with 18 billion annual transactions, UPI surpassed American Express in India. NITI Aayog predicted that UPI will also surpass Visa and Mastercard by 2023. UPI took three years to reach 1.14 billion in October 2019 while by

2502-464: A trade office of Canada and a virtual Consulate of the United States. As of 2022, Bengaluru produces around 6000  metric tonnes of solid waste per day. This waste is transported from collection units located near Hesaraghatta Lake , to the garbage dumping sites. The city has considerable dust pollution, hazardous waste disposal, and disorganised, unscientific waste retrievals. The IT hub,

2641-541: A very diverse population, consisting of Dakhini and Urdu-speaking Muslims, Kutchi Memons , Labbay and Mappilas . The Bruhat Bengaluru Mahanagara Palike (BBMP, Greater Bengaluru Municipal Corporation ) is in charge of civic administration of the city. It was formed in 2007 by merging 100 wards of the erstwhile Bangalore Mahanagara Palike , with seven neighbouring City Municipal Councils, one Town Municipal Council and 110 villages around Bengaluru. The number of wards increased to 243 in 2022. The BBMP

2780-660: A water supply to the city. Kaveri River flows about 60 miles (100 km) from the city of Bengaluru, and the river Kaveri provides around 80% of the city's water supply and the remaining 20% is obtained from the Thippagondanahalli and Hesaraghatta reservoirs of the Arkavathi river. Bengaluru receives 800 million litres (210 million US gallons) of water a day, more than any other Indian city, but Bengaluru does face occasional water shortages, especially during summer and in years with low rainfall. A random sampling of

2919-483: Is Kannada . It is native language of 42.05% of the population. The second-largest language is Tamil , spoken by 16.34% of the population. 13.73% speak Telugu , 13.00% Urdu , 4.64% Hindi , 3.16% Malayalam and 2.05% have Marathi as their mother tongue . Other languages with sizeable numbers of speakers include Konkani , Bengali , Marwari , Tulu , Odia , Gujarati , Kodagu , Punjabi , Lambadi , Sindhi and Nepali . The Kannada language spoken in Bengaluru

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3058-606: Is January with an average low temperature of 15.1 °C (59.2 °F) and the hottest month is April with an average high of 34.1 °C (93.4 °F). The highest temperature ever recorded in Bengaluru was 39.2 °C (103 °F), recorded 24 April 2016, corresponding with the strong El Niño in that year. The lowest ever recorded is 7.8 °C (46 °F) in January 1884. Winter temperatures rarely drop below 14 °C (57 °F), and summer temperatures seldom exceed 36 °C (97 °F). Bengaluru receives rainfall from both

3197-408: Is a form called 'Old Mysuru Kannada' which is also used in most of the southern part of Karnataka. A vernacular dialect of this, known as Bangalore Kannada , is spoken in Bengaluru and the adjoining Mysore regions. English is extensively spoken and is the principal language of the professional and business class. The major communities of Bengaluru who share a long history in the city, other than

3336-414: Is already under process. City's Namma Metro is already using NCMC and Bengaluru Suburban Railway will also be using it in future when the system is completed so therefore, one will be used to travel seamlessly across different transit modes in the city and its suburbs. Introduced on 4 February 2010, Bus Day is an event calling all the citizens of Bangalore to use public transport. The idea behind Bus Day

3475-467: Is also the country's fourth largest fast-moving consumer goods (FMCG) market. Forbes considers Bengaluru one of "The Next Decade's Fastest-Growing Cities". The city is the third largest hub for high-net-worth individuals . There were a large number of high-net-worth individuals with a ₹ 4.5 crore investment surplus in 2007. In the Ease of Living Index 2020, it was ranked the most livable Indian city with

3614-454: Is considered the pivot for high-technology-based heavy manufacturing industry, with numerous large multinational technology corporations setting up their headquarters there. It is home to many top-tier engineering and research institutions. Bengaluru is known as the "Silicon Valley of India" because it is the nation's leading software exporter as well as a major semiconductor hub. Several state-owned aerospace and defence organisations are in

3753-404: Is partial delegation, in which the primary user must authenticate and complete the payment using their UPI PIN before the secondary user may start a transaction. With UPI Circle, one can use platforms for collaboration or gig economies to create micro-communities where people can pool resources or settle payments in real time. On August 22, 2024, PhonePe released the feature on its platform. At

3892-493: Is primarily service oriented and industrial, dominated by information technology, telecommunication, biotechnology, and manufacturing of electronics, machinery, automobiles, food, etc. Major industrial areas around Bengaluru are Adugodi , Bidadi , Bommanahalli , Bommasandra , Domlur , Hoodi , Whitefield , Doddaballapura , Hoskote , Bashettihalli , Yelahanka , Electronic City , Peenya , Krishnarajapuram , Bellandur , Narasapura , Rajajinagar , Mahadevapura etc. It

4031-821: Is regulated by the Karnataka State Pollution Control Board (KSPCB) under the aegis of the Central Pollution Control Board (CPCB), a Central Government entity. As part of the Waste Management Guidelines, the government of Karnataka through the KSPCB has authorised a few well-established companies to manage biomedical and other hazardous waste in Karnataka. Bengaluru is one of the fastest-growing metropolises in India. Bengaluru contributes 38% of India's total IT exports. Its economy

4170-642: Is regulated through the Bangalore Electricity Supply Company (BESCOM), while water supply and sanitation facilities are provided by the Bangalore Water Supply and Sewerage Board (BWSSB). The city has offices of the Consulate General of Germany , France, Japan, Israel, British Deputy High Commission, along with honorary consulates of Ireland, Finland, Switzerland, Maldives, Mongolia, Sri Lanka and Peru. It also has

4309-496: Is responsible for credit transactions of ₹10,000 crore per month. Approximately 100 to 200 crores of the ₹10,000 crore in credit card spending through UPI have been made through credit lines, according to NPCI MD and CEO Dilip Asbe. The pre-approved, small-ticket, short-term loans on UPI are called credit lines. On July 19, 2024, The New Indian Express published an article stating that Punjab National Bank , Axis Bank , State Bank of India , and ICICI Bank had already started using

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4448-475: Is run by a city council of 250 members, including 198  corporators representing each of the wards of the city and 52 other elected representatives, consisting of members of Parliament and the state legislature. Elections to the council are held once every five years and are decided by popular vote . Members contesting elections to the council usually represent one or more of the state's political parties. A mayor and deputy mayor are also elected from

4587-470: Is the capital and largest city of the southern Indian state of Karnataka . It has a population of more than 8 million and a metropolitan population of around 15 million , making it India 's third most populous city and fourth most populous urban agglomeration . It is the most populous city and largest urban agglomeration in South India , and is the 27th largest city in the world . Located on

4726-602: Is the fifth Indian city to host maximum numbers of Fortune Companies , after Mumbai , Delhi , Kolkata and Chennai . The growth of IT has presented the city with unique challenges. Ideological clashes sometimes occur between the city's IT moguls, who demand an improvement in the city's infrastructure, and the state government, whose electorate is primarily from rural Karnataka. The encouragement of high-tech industry in Bengaluru, for example, has not favoured local employment development, but instead increased land values and forced out small enterprises. The state has also resisted

4865-1111: Is the maximum amount that can be stored in a UPI Lite wallet. For users of UPI Lite wallets, the cumulative maximum daily expenditure limit has been set at ₹4,000. It has been suggested by the RBI that the UPI Lite maximum transaction limit be raised from ₹500 to ₹1,000. The UPI Lite wallet limit has also been raised from ₹2,000 to ₹5,000. The NPCI website lists the banks that facilitate UPI, termed as Payment Service Providers (PSP) – listed with their UPI application and handle – and issuers. PSP includes banks which have their own mobile application to facilitate transaction and issuers include banks which don't have their own payments interface and rely on third-party software for transactions. On 1 August 2024, RBL Bank announced integration of UPI and National Common Mobility Card capabilities with RuPay credit cards. e-RUPI or e₹UPI (portmanteau of e lectronic R upee and UPI ) developed in collaboration with Department of Financial Services, Ministry of Health and Family Welfare and National Health Authority . It

5004-456: Is the present city's supply of regular piped water. Modern Bengaluru was begun in 1537 by the chieftain Kempe Gowda I , who aligned with the Vijayanagara Empire under Emperor Achyuta Deva Raya to campaign against Gangaraja (whom he defeated and expelled to Kanchi), and who built a mud-brick fort for the people at the site that would become the central part of modern Bengaluru. Kempe Gowda

5143-554: Is to observe the changes which can be brought in the city in trying to respect environment, traffic situation, health of individuals perception. The 4th of every month is observed as a "Bus Day". BMTC along with BTP initiated the bus lanes between Central Silk Board Junction and Tin Factory Junction on Outer Ring Road branded as Nimbus. Bus lanes give priority to buses, cutting down on journey times where roads are congested with other traffic especially private cars and increasing

5282-656: Is used on mobile devices to instantly transfer funds between two bank accounts. The mobile number of the device is required to be registered with the bank. The UPI ID of the recipient can be used to transfer money. It runs as an open source application programming interface (API) on top of the Immediate Payment Service (IMPS), and is regulated by the Reserve Bank of India (RBI). Indian Banks started making their UPI-enabled apps available on Google Play on 25 August 2016. With UPI, India maintains its position as

5421-541: The 2001 Census of India at Jalahalli , Sidhapura and Jadigenahalli, all of which are located on Bengaluru's outskirts today, suggest human settlement around 4000 BCE. Around 1,000 BCE (during the Iron Age ), burial grounds were established at Koramangala and Chikkajala on the outskirts of Bengaluru. Coins of the Roman emperors Augustus , Tiberius , and Claudius found at Yeswanthpur and HAL Airport indicate that

5560-478: The All India Institute of Mental Health (AIIMH) in 1956. By 1961, Bengaluru had become the sixth-largest city in India, with a population of 1,207,000. In the following decades, Bengaluru's manufacturing base continued to expand with the establishment of private companies such as MICO (Motor Industries Company), which set up its manufacturing plant in the city. By the 1980s, urbanisation had spilled over

5699-472: The Bangalore Development Authority in 1976 to coordinate the activities of these two bodies. Public sector employment and education provided opportunities for Kannadigas from the rest of the state to migrate to the city. Bengaluru experienced rapid growth in the decades 1941–51 and 1971–81, which saw the arrival of many immigrants from northern Karnataka. The Government of India set up

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5838-542: The Bruhat Bengaluru Mahanagara Palike (BBMP) passed a resolution to implement the name change. The government of Karnataka accepted the proposal and it was decided to officially implement the name change from 1 November 2006. The Union government approved this request, along with name changes for 11 other Karnataka cities, in October 2014. Hence, Bangalore was renamed to "Bengaluru" on 1 November 2014. A discovery of Stone Age artefacts during

5977-608: The Deccan Plateau , at a height of over 900 m (3,000 ft) above sea level, Bengaluru has a pleasant climate throughout the year, with its parks and green spaces earning it the reputation of India's "Garden City". Its elevation is the highest of India's major cities. The city's history dates back to around 890, as per the old Kannada stone inscription found at the Nageshwara Temple in Begur, Bengaluru . In 1537, Kempé Gowdā ,

6116-844: The Global Fintech Fest 2024 , Google Pay announced that it will be introducing the UPI Circle feature. The second half of 2024 will see the release of this feature. NPCI guidelines for UPI ecosystem members, As part of a financial inclusion initiative, NPCI with fintech start-up Naffa Innovations with their product ToneTag in 2021 started working on developing a voice-based payment service for feature phone users in low connectivity zones over UPI payment ecosystem under Interactive Voice Response (IVR) project. The system utilised Dual Tone Multi-Frequency (DTMF) signalling technology with two-factor authentication (2FA) flow for peer-to-peer (P2P) transaction. From September 2020 to June 2021, it

6255-444: The Global Fintech Fest 2024 , NPCI, Indian Railway Catering and Tourism Corporation (IRCTC), and CoRover unveiled "Conversational Voice Payments" for UPI, a huge advancement in the convenience of online transactions. Customers may now use their voice or type their UPI ID or mobile number to complete transactions thanks to this new functionality that is enabled by BharatGPT and linked with payment gateways. The system immediately obtains

6394-1024: The KYC -linked mobile number. UPI also generates a specific QR code for each user account for contactless payments . The RBI increased the UPI payment limit for payments in hospitals and educational institutions from ₹100,000 to ₹500,000 on 8 December 2023. Multi-factor authentication for UPI e-mandates will now be activated over ₹100,000, as opposed to ₹15,000, for credit card repayments, mutual fund subscriptions, and insurance premium payments. Any UPI app can be used to transfer funds from and to UPI enabled banks. Apart from various third-party apps such as Google Pay (previously Tez ), PhonePe , Paytm , Amazon Pay , Airtel Payments Bank , MobiKwik , Samsung Pay , WhatsApp Pay , NPCI manages its own app, BHIM . The total number of banks linked to UPI platform grew from 21 in April 2016 to 304 in February 2022. In June 2021, NPCI removed

6533-732: The Kannadigas , are the Telugus and Tamilians , who both migrated to Bengaluru in search of a better livelihood, and the Dakhanis . Already in the 16th century, Bengaluru had few Tamil or Telugu or speakers, who spoke Kannada for business. Telugu-speaking people initially came to Bengaluru on invitation by the Mysore royalty. Other native communities are the Tuluvas and the Konkanis of coastal Karnataka, and

6672-754: The Karnataka High Court , the Vidhana Soudha (the home of the Karnataka state legislature) and Raj Bhavan (the residence of the governor of Karnataka). Bengaluru contributes four members to the lower house of the Indian Parliament , the Lok Sabha , from its four constituencies: Bangalore Rural , Bangalore Central , Bangalore North , and Bangalore South , and 28 members to the Karnataka Legislative Assembly . Electricity in Bengaluru

6811-586: The Kingdom of Mysore . When Haider Ali seized control of the kingdom, Bengaluru's administration passed into his hands. The city was captured by the British East India Company after victory in the Fourth Anglo-Mysore War (1799), which then returned administrative control of the city, along with the kingdom, to Maharaja Krishnaraja Wadiyar III . The old city developed under the dominions of

6950-620: The Kodavas of the state's Kodagu district . The migrant communities include Maharashtrians , Punjabis , Rajasthanis , Gujaratis , Tamilians , Telugus , Malayalis , Odias , Sindhis , Biharis, Jharkhandis, and Bengalis . Bengaluru once had a large Anglo-Indian population, the second-largest after Kolkata . Today, there are around 10,000 Anglo-Indians in Bengaluru. Christians in Bengaluru include Tamil Christians , Mangalorean Catholics , Kannadiga Christians, Malayali Syrian Christians and Northeast Indian Christians . Muslims form

7089-527: The Ministry of Finance to nullify the merchant discount rate (MDR) in 2019 from UPI, the number of low value transactions skyrocketed, making huge gains on real-time transaction volume data. Countries such as Brazil, Bahrain, Saudi Arabia, Singapore, the United States, and the European Union are exploring options to implement a UPI-like system in their own domestic markets. From 1 January 2019, UPI became

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7228-496: The Vijayanagara times. An apocryphal story states that the twelfth-century Hoysala king Veera Ballala II , while on a hunting expedition, lost his way in the forest. Tired and hungry, he came across a poor old woman who served him boiled beans. The grateful king named the place "Benda-Kaal-uru" (literally, "town of boiled beans"), which eventually evolved into "Bengalūru". Suryanath Kamath has put forward an explanation of

7367-573: The air quality index (AQI) of twenty stations within the city ranged from 76 to 314, suggesting heavy to severe air pollution around areas of high traffic. Bengaluru has a handful of freshwater lakes and water tanks , the largest of which are Madivala tank, Hebbal Lake , Ulsoor Lake, Yediyur Lake and Sankey Tank . However, about 90% of Bengaluru's lakes are polluted; the city government began revival and conservation efforts in December 2020. Groundwater occurs in silty to sandy layers of

7506-466: The alluvial sediments. The Peninsular Gneissic Complex (PGC) is the most dominant rock unit in the area and includes granites , gneisses and migmatites , while the soils of Bengaluru consist of red laterite and red, fine loamy to clayey soils. The city's vegetation is mostly large deciduous canopy and some coconut trees. Many trees are frequently felled to pave way for infrastructure development. Though Bengaluru has been classified as

7645-720: The hydroelectric plant situated in Shivanasamudra . The Indian Institute of Science was established in 1909, which subsequently played a major role in developing the city as a science research hub. In 1912, the Bangalore torpedo , an offensive explosive weapon widely used in World War I and World War II , was devised in Bengaluru by British army officer Captain McClintock of the Madras Sappers and Miners . Bengaluru's reputation as

7784-555: The labour unrest in Binny Mills due to demand by textile workers for payment of bonus resulted in lathi charging and police firing, resulting in the death of four workers, and several injuries. In July 1928, there were notable communal disturbances in Bengaluru, like when a Ganesh idol was removed from a school compound in the Sultanpet area of Bengaluru. In 1940, the first flight between Bengaluru and Mumbai took off, which placed

7923-610: The police commissioner is Pratap Reddy. Bengaluru's rapid growth has created several administrative problems relating to traffic congestion and degrading infrastructure. The unplanned nature of growth in the city resulted in massive traffic gridlocks ; a flyover system and one-way traffic systems were introduced, which were only moderately successful. A 2003  Battelle Environmental Evaluation System (BEES) evaluation of Bengaluru's physical, biological and socioeconomic parameters indicated that Bengaluru's water quality and terrestrial and aquatic ecosystems were close to ideal, while

8062-549: The ₹ 31 billion of digital transactions, and in 2022, accounted for 52% of the ₹88.4 billion of digital transactions. As per Minister of State for Finance Bhagwat Karad , in terms of volume, UPI increased at a CAGR of 147% from 92 crore in FY 2017–18 to 8,375 crore in FY 2022–2023. At a CAGR of 168%, the value of UPI transactions increased from ₹ 1 lakh crore in FY 2017–18 to ₹139 lakh crore in FY 2022–23. With UPI representing 62% of digital payment transactions in FY 2022–2023, it has been

8201-479: The "Garden City of India" began in 1927 with the silver jubilee celebrations of the rule of Krishnaraja Wodeyar IV . Several projects such as the construction of parks, public buildings and hospitals were instituted to improve the city. Bengaluru played an important role during the Indian independence movement . Mahatma Gandhi visited the city in 1927 and 1934 and addressed public meetings here. In 1926,

8340-576: The 19th century, Bengaluru essentially became a twin city , with the "pētē", whose residents were predominantly Kannadigas and the cantonment created by the British. Throughout the 19th century, the Cantonment gradually expanded and acquired a distinct cultural and political salience as it was governed directly by the British and was known as the Civil and Military Station of Bangalore. While it remained in

8479-509: The 2011  census of India, 79% of Bengaluru's population is Hindu , a little less than the national average . Muslims comprise 13.9% of the population, roughly the same as their national average. Christians and Jains account for 5.4% and 1.0% of the population, respectively, double that of their national averages. The city has a literacy rate of 90%. Roughly 10% of Bengaluru's population lives in slums —a relatively low proportion when compared to other cities in

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8618-784: The 2022–23 financial year, RBI proposed a cardless cash withdrawal facility from ATMs using UPI-based QR codes. In partnership with the NSDL Payments Bank and NPCI, ToneTag launched VoiceSE which will enable 400 million feature phone users to make UPI payments using voice in Hindi , Telugu , Tamil , Malayalam , Kannada , and Bengali languages. According to Redseer Strategy Consultants, in 2023, UPI usage has expanded outside of metro areas. Currently, around 70% of UPI users are from places other than Tier-1 cities. Furthermore, over 80% of newly registered users originate from Tier-2 cities and other nearby areas. On 8 August 2024, RBI suggested raising

8757-513: The 21st century, Bengaluru has had major terrorist attacks in 2008 , 2010 , and 2013 . Bengaluru lies in the southeast of the South Indian state of Karnataka. It is in the heart of the Mysore Plateau (a region of the larger Cretaceous Deccan Plateau ) at an average elevation of 900 m (2,953 ft). It covers an area of 741 km (286 sq mi). The majority of

8896-656: The Aigandapura complex near Hesaraghatta , Mukthi Natheshwara Temple at Binnamangala, Choleshwara Temple at Begur , Someshwara Temple at Ulsoor , date from the Chola era. In 1117, the Hoysala king Vishnuvardhana defeated the Cholas in the Battle of Talakad in south Karnataka, and extended its rule over the region. Vishnuvardhana expelled the Cholas from all parts of the Mysore state. By

9035-678: The British returned administrative control of the Bengaluru pētē to the Maharaja of Mysore and was incorporated into the Princely State of Mysore , which existed as a nominally sovereign entity of the British Raj . The old pētē developed in the dominions of the Maharaja of Mysore. The Residency of Mysore State was first established in Mysore City in 1799 and later shifted to Bengaluru in 1804. It

9174-593: The Doddapētē Square—the heart of Bengaluru. Kempe Gowda I's During the Vijayanagara rule, many saints and poets referred to Bengaluru as "Devarāyanagara" and "Kalyānapura" or "Kalyānapuri" ("Auspicious City"). After the fall of the Vijayanagara Empire in 1565 in the Battle of Talikota , Kempe Gowda I declared independence. His successor, Kempe Gowda II, built four towers that marked Bengaluru's boundary. Then in 1638,

9313-505: The GPS on their device. In 2017, BMTC would be introduced prepaid smart cards for commuting, which eliminated the need to pay the exact amount of change, this was not introduced widely, instead NCMC cards are proposed to be released as an open loop payment system. On 6 April 2022, Bus Passes started to be issued on TUMMOC mobile app, passengers have to scan the QR code in the bus to verify the pass bought on

9452-462: The IT companies are located in Bommanahalli , Domlur , Whitefield , Electronic City , Krishnarajapuram , Bellandur , and Mahadevapura . Unified Payments Interface Unified Payments Interface ( UPI ) is an Indian instant payment system as well as protocol developed by the National Payments Corporation of India (NPCI) in 2016. The interface facilitates inter-bank peer-to-peer (P2P) and person-to-merchant (P2M) transactions. It

9591-625: The National Payments Corporation of India are collaborating with the company to explore the feasibility of permitting deposits based on UPI. On August 29, 2024, during the Global Fintech Fest, RBI Deputy Governor T Rabi Sankar introduced the UPI Interoperable Cash Deposit (UPI-ICD) feature for cash recycler machine. International mobile numbers of ICICI Bank 's non-resident Indian clients can be used to make UPI payments in India. In ten nations—the United States, United Kingdom, United Arab Emirates, Canada, Singapore, Australia, Hong Kong, Oman, Qatar, and Saudi Arabia—the bank provides this service. At

9730-424: The RBI increased the transaction limit from ₹5,000 to ₹10,000. Banks and service providers have until January 1, 2025, to make the required adjustments. For real-time payments from one bank account to another, any UPI client app can be used and multiple bank accounts can be linked to a single app. Money can be sent or requested using a user-created Virtual Payment Address (VPA) or UPI ID for each bank account using

9869-439: The Traffic Police, the City Armed Reserve, the Central Crime Branch and the City Crime Record Bureau and runs 86 police stations, including two all-women police stations. Other units within the BCP include Traffic Police, City Armed Reserve (CAR), City Special Branch (CSB), City Crime Branch (CCB) and City Crime Records Bureau (CCRB). As capital of the state of Karnataka, Bengaluru houses important state government facilities such as

10008-418: The UPI Lite auto top-up feature will allow the balance to be automatically replenished when it drops below a certain threshold. The user is responsible for setting the minimum balance and reload amount, which cannot be greater than the ₹2,000 wallet limit. The UPI Lite account can be topped-up up to five times in a single day. Users using UPI Lite are currently able to transact up to ₹500 each. Furthermore, ₹2,000

10147-407: The UPI credit line product on a trial basis. When it comes to granting pre-approved loans through credit lines on UPI, ICICI Bank is the industry leader. On August 23, 2024, PhonePe introduced the "Credit Line on UPI" service. It makes low-cost, high-volume retail loans available. Google Pay revealed at the Global Fintech Fest 2024 that it will be launching UPI Vouchers, a capability that

10286-625: The UPI tax payment ceiling from ₹1 lakh to ₹5 lakh. On 16 August 2018, UPI 2.0 was launched, which enabled users to link their overdraft accounts to a UPI handle. Users were also able to pre-authorise transactions by issuing a mandate for a specific merchant. This version also included a feature to view and store an invoice for each transaction. An AutoPay facility for recurring payments was also added. As of August 2021, State Bank of India , Bank of Baroda and Paytm Payments Bank have been live on UPI AutoPay, each registering 660,000, 204,000, and 186,000 mandates, respectively. From 15 March 2022,

10425-601: The Unified Payments Interface compatible digital rupee mobile app. Without the need for a separate on-boarding procedure for CBDC for retailers, it will enable users to scan the existing UPI QR code and make payments using digital rupee. Customers in 26 Indian cities who have been whitelisted can access the service as part of a pilot program. From 93,000 transactions in August 2016 valued at ₹ 30 million, UPI generated 800 million transactions in March 2019 with

10564-572: The Whitefield region, is the most polluted area in Bengaluru. In 2016, a study found that over 36% of diesel vehicles in the city exceed the national limit for emissions. Anil Kumar, Commissioner of the BBMP, said: "The deteriorating air quality in cities and its impact on public health is an area of growing concern for city authorities. While much is already being done about collecting and monitoring air quality data, little focus has been given on managing

10703-516: The accessibility and human-centeredness of transactions. With support for Hindi , Gujarati , and other languages, CoRover's voice-enabled BharatGPT improves the multilingual system and guarantees inclusion in the payment process. Users of AskDISHA, the AI virtual assistant for Indian Railways and IRCTC, can now buy tickets and make payments with just their voice thanks to the integration of Conversational Voice Payments. The RuPay credit card on UPI facility

10842-399: The adaptation of this feature for a wider range of industries. In addition to making financial transactions for users easier, UPI Vouchers offer a smooth digital payment option for a variety of scenarios, including corporate gifts, government programs, and others. In its monetary policy announcement in August 2024, the RBI implemented the delegated payments feature through UPI. By doing this,

10981-827: The app. In 2022, BMTC has also started to accept ticket payments using UPI in a ON and OFF manner, finally launching it properly in June 2023. A QR code card is either stuck in the bus or with the bus conductor, passengers can scan and pay for tickets. An app named "Namma BMTC" launched in 2023 that allows users to track buses in real time, check schedules, plan journeys and calculate fare between stages. The app also includes an SOS feature for women to use in case of emergencies by alerting any nearby police station. Bangalore Bengaluru ( Kannada: [ˈbeŋɡɐɭuːɾu] ; ISO : Beṁgaḷūru ), formerly called Bangalore in English ( / ˈ b æ ŋ ɡ ə l ɔːr , ˌ b æ ŋ ɡ ə ˈ l ɔː r / BANG -gə-lor, -⁠ LOR ),

11120-543: The area. The new centre had its own municipal and administrative apparatus, though technically it was a British enclave within the territory of the Wodeyar Kings of the Princely State of Mysore . Two important developments which contributed to the rapid growth of the city, include the introduction of telegraph connections to all major Indian cities in 1853 and a rail connection to Madras (now Chennai), in 1864. In

11259-399: The associated UPI ID and starts the payment request through the user's default UPI app when a mobile number is entered. Users can update their UPI ID or mobile number within the transaction time restriction thanks to this functionality, which enables flexibility. The goal of this innovative technology, which is the first of its type for UPI payments, is to reduce linguistic barriers and increase

11398-548: The building of the Lal Bagh Botanical Gardens in 1760. Under them, Bengaluru developed into a commercial and military centre of strategic importance. The Bengaluru fort was captured by British forces under Lord Cornwallis on 21 March 1791 during the Third Anglo-Mysore War and formed a centre for British resistance against Tipu Sultan. Following Tipu's death in the Fourth Anglo-Mysore War (1799),

11537-716: The city and 10,456,000 in the urban agglomeration, up from 8.5 million at the 2011 census. It is the third most populous city in India, the 18th most populous city in the world and the fifth most populous urban agglomeration in India. With a growth rate of 38% during the decade, Bengaluru was the fastest-growing Indian metropolis after New Delhi between 1991 and 2001. Residents of Bengaluru are referred to as "Bangaloreans" in English, Bengaloorinavaru or Bengaloorigaru in Kannada and Banglori in Hindi or Urdu . People from other states have migrated to Bengaluru to study or work there as well. According to

11676-498: The city and connects with five sewage treatment centres located in the city's periphery. In the 16th century, Kempe Gowda I constructed many lakes to meet the town's water requirements. The Kempambudhi Kere, since overrun by modern development, was prominent among those lakes. In the first half of the 20th century, the Nandi Hills waterworks were commissioned by Sir Mirza Ismail ( Diwan of Mysore, 1926–41 CE) to provide

11815-588: The city of Bengaluru lies in the Bangalore Urban district of Karnataka and the surrounding rural areas are a part of the Bangalore Rural district . The Government of Karnataka has carved out the new district of Ramanagara from the old Bangalore Rural district. Bengaluru's topography is generally flat, although the western parts of the city are hilly. The highest point is Vidyaranyapura Doddabettahalli , 962 m (3,156 ft) above sea level, situated to

11954-521: The city on India's urban map. After India's independence in August 1947, Bengaluru remained in the newly carved Mysore State of which the Maharaja of Mysore was the Rajapramukh (appointed governor). The "City Improvement Trust" was formed in 1945, and in 1949, the "City" and the "Cantonment" merged to form the Bangalore City Corporation . The Government of Karnataka later constituted

12093-453: The city's socioeconomic parameters (traffic, quality of life ) air quality and noise pollution were poor. The BBMP works in conjunction with the Bangalore Development Authority (BDA) and the Agenda for Bangalore's Infrastructure and Development Task Force (ABIDe) to design and implement civic and infrastructural projects. The Bengaluru City Police (BCP) has seven geographic zones, includes

12232-415: The city. The presence of numerous notable sporting arenas in Bengaluru makes it one of the country's sporting hubs. Bangalore is an anglicised version of the city's Kannada name Bengalūru . It was the name of a village near Kodigehalli in Bengaluru city today and was used by Kempe Gowda to name the city as Bengalūru at the time of its foundation in 1537. The earliest reference to the name "Bengalūru"

12371-490: The country who converted Bengaluru's large plots and colonial bungalows into multi-storied apartments. In 1985, Texas Instruments became the first multinational corporation to set up base in Bengaluru. Other information technology companies followed suit and by the end of the 20th century, Bengaluru had established itself as the Silicon Valley of India . Today, Bengaluru is India's third most populous city. During

12510-559: The current boundaries, and in 1986, the Bangalore Metropolitan Region Development Authority , was established to co-ordinate the development of the entire region as a single unit. On 8 February 1981, a major fire broke out at Venus Circus in Bengaluru, where more than 92 people died, the majority of them children. Bengaluru experienced a growth in its real estate market in the 1980s and 1990s, spurred by capital investors from other parts of

12649-452: The customer to provide identification. According to Axis Bank , the BMTC's partner in the project, the smart card is India's "first open loop EMV contactless smart card". The cards "open-loop" structure allows other agencies to integrate their smart card schemes by adopting the standards of the BMTC smart card. This scheme was finally dropped and integration with National Common Mobility Card (NCMC)

12788-483: The developing world such as Mumbai (50%) and Nairobi (60%). The 2008  National Crime Records Bureau statistics indicate that Bengaluru accounts for 8.5% of the total crimes reported from 35 major cities in India which is an increase in the crime rate when compared to the number of crimes fifteen years ago. In the Ease of Living Index 2020 ( published by the Ministry of Housing & Urban Affairs ), it

12927-518: The elected members of the council. Elections to the BBMP were held on 28 March 2010, after a gap of three and a half years since the expiry of the previous elected body's term, and the Bharatiya Janata Party was voted into power – the first time it had ever won a civic poll in the city. Indian National Congress councillor Sampath Raj became the city's mayor in September 2017;

13066-550: The end of October 2020, the payment system registered 2.07 billion transactions. In 2020, $ 457 billion worth of value was moved on UPI platform which was 15% of India's GDP . As of July 2021, UPI registered 432.5 million transactions that accounted for ₹ 567,345 million with highest average daily transaction of approximately 100 million that is double the amount from July 2020. As of August 2021, UPI forms 10% of all retail payment in India. PhonePe and Google Pay both recorded 1 billion transactions in August with

13205-605: The end of the 13th century, Bengaluru became a source of contention between two warring cousins, the Hoysala ruler Veera Ballala III of Halebidu and Ramanatha, who administered from the Hoysala held territory in Tamil Nadu. Veera Ballala III had appointed a civic head at Hudi (now within Bangalore Municipal Corporation limits), thus promoting the village to the status of a town. After Veera Ballala III's death in 1343,

13344-494: The gaps within the national digital payment infrastructure. Financial Software and Systems (FSS) integrated e-RUPI on 1 December 2021 for financially underserved segments of the society. Government of Karnataka partnered with NPCI to provide student scholarship through e-RUPI which can even be received on feature phones . As part of the Central Bank Digital Currency pilot project, Canara Bank has released

13483-486: The global leader in instant payments, accounting for 46% of all global instant payment transactions in 2022. As of November 2022, the platform had over 300 million monthly active users in India. According to data from the NPCI, 12.20 billion UPI transactions worth ₹18.41 lakh crore (equivalent to $ 222.17 billion) were processed in January 2024, representing a 41.72% increase in transaction value compared to January 2023. In 2023,

13622-425: The government removed the need for debit cards for UPI registration. NPCI is planning to expand AutoPay to international markets and operationalize real-time payment dispute resolution mechanisms covering 90% of the complaints by September 2022. From 8 June 2022, RBI allowed linking RuPay credit cards with UPI. Customers can now make credit card payments using UPI, in the absence of a physical card. NPCI developed

13761-401: The growth in value terms doubled between September 2020 to July 2021. It had reached an all-time high of 3.65 billion transactions worth ₹6.54 trillion in value since inception in the month of September. By now the total transaction for the year 2021, reached ₹50 trillion. UPI touched value of ₹7.71 trillion in October 2021 which is a 56% jump from September. As per NPCI, daily UPI payment for

13900-468: The impacts that bad air quality is having on the health of citizens." According to a 2012  report submitted to the World Bank by Karnataka Slum Clearance Board, Bengaluru had 862 slums out of around 2000 slums in all of Karnataka. 42% of the households migrated from different parts of India like Chennai , Hyderabad and most of North India , and 43% of the households had remained in

14039-566: The infrastructure of the mobile app developer, thus decreasing the load on banks through decentralization of back-end infrastructure and resources. On 20 September, RBI governor Shaktikanta Das officially launched UPI Lite at Global Fintech Fest 2022 . Canara Bank , HDFC Bank , Indian Bank , Kotak Mahindra Bank , Punjab National Bank , State Bank of India , Union Bank of India and Utkarsh Small Finance Bank enabled UPI Lite feature on BHIM . Paytm Payments Bank on 15 February 2023 went live with UPI Lite feature. Beginning November 1, 2024,

14178-459: The latter has been found to be cumbersome due to the unavailability of the services on several mobile networks. UPI 123PAY has four options for payment. As per NPCI, some of the early use cases involve FASTag recharges, insurance payments, and EMI collections. As of 20 September 2022, Ultracash Technologies in collaboration with Bharat Petroleum helped 200,000 active users make LPG booking and payment through UPI 123PAY. As of October 9, 2024,

14317-451: The maharaja. In 1809, the British shifted their cantonment to Bengaluru, outside the old city, and a town grew up around it. Following India's independence in 1947, Bengaluru became the capital of Mysore State , and remained the capital when the state was enlarged and unified in 1956 and renamed Karnataka in 1973. The two urban settlements of Bengaluru, the town and the cantonment, which had developed as independent entities, merged into

14456-427: The massive investments required to reverse the rapid decline in city transport, driving new and expanding businesses elsewhere in India. Bengaluru is a hub for Indian biotechnology -related industry and in 2005 was home to around 47% of the 265 biotechnology companies in India, including Biocon , India's largest biotechnology company, giving Bengaluru the nickname of the "Biotech Capital of India". Bengaluru

14595-783: The month of October is between ₹ 250 billion to ₹300 billion. Out of all UPI transactions done in the month of October, 54% are Person-to-Person (P2P) while 46% were Person-to-Merchant (P2M). UPI reached $ 844 billion in value until November 2021. In December, the total transaction value on UPI reached ₹8.27 trillion with 99% annual growth rate. The largest share in $ 2 trillion of annual digital payment in India comes from UPI. The Q2 of 2022 saw 20.57 billion transactions worth ₹36.08 trillion as per Worldline SA . P2P accounted for 49% in volume and 67% in value while P2M accounted for 34% in volume and 17% in value. As per CEO Dilip Asbe of NPCI, P2M as of November 2022 accounts for more than 50% of UPI transaction volumes. In 2019, UPI accounted for 17% of

14734-570: The most successful deep-tech financial innovations India has produced. In April 2009, the National Payment Corporation of India (NPCI) was formed to integrate all the payment mechanisms in India and make them uniform for all retail payments. By March 2009, RBI found out that in India, only six non-cash transactions were executed each year by individual citizens while 10 million retailers accepted card-based payments. Around 145 million families had no access to any form of banking. There

14873-462: The need of an internet connection. In phase 1, UPI Lite will process the debit transaction offline while the credit will happen when the device goes online. But the final goal is to achieve both credit and debit transaction through offline mode. The upper limit of UPI Lite On-Device wallet is ₹2,000. Additional factor authentication or UPI AutoPay feature will be used to securely load the desirable amount. Since 50% of UPI transactions are below ₹200 with

15012-710: The next empire to rule the region was the Vijayanagara Empire , which itself saw the rise of four dynasties, the Sangamas (1336–1485), the Saluvas (1485–1491), the Tuluvas (1491–1565), and the Aravidu (1565–1646). During the reign of the Vijayanagara Empire, Achyuta Deva Raya of the Tuluva dynasty raised the Shivasamudra Dam across the Arkavati river at Hesaraghatta , whose reservoir

15151-499: The northeast and the southwest monsoons , and the wettest months is September, followed by October and August. The summer heat is moderated by fairly frequent thunderstorms , which occasionally cause power outages and local flooding. Most of the rainfall occurs during the late afternoon or evening and rain before noon is infrequent. November 2015 (290.4 mm) was recorded as one of the wettest months in Bengaluru with heavy rains causing severe flooding in some areas, and closure of

15290-585: The northwest of the city. No major rivers run through the city, although the Arkavathi and South Pennar cross paths at the Nandi Hills , 60 km (37 mi) to the north. River Vrishabhavathi , a minor tributary of the Arkavathi, arises within the city at Basavanagudi and flows through the city. The rivers Arkavathi and Vrishabhavathi together carry much of Bengaluru's sewage . A sewerage system, constructed in 1922, covers 215 km (83 sq mi) of

15429-498: The primary driver of the overall development of digital payment transactions in India. In January 2024, the value of UPI transactions reached ₹18.41 trillion, a slight increase of 1% from ₹ 18.23 trillion in December 2023. From 12.02 billion in October 2023 to 12.20 billion in January 2024, there was a 1.5% increase in transactions. With 11.4 billion transactions, the value was recorded at ₹17.4 trillion in November 2023. In comparison to

15568-566: The princely territory of Mysore, Cantonment had a large military presence and a cosmopolitan civilian population that came from outside the princely state of Mysore, including British and Anglo-Indians army officers. Bengaluru was hit by a plague epidemic in 1898 that claimed nearly 3,500 lives. The crisis caused by the outbreak catalysed the city's sanitation process. Telephone lines were laid to help co-ordinate anti-plague operations. Regulations for building new houses with proper sanitation facilities came into effect. A health officer

15707-552: The region was involved in trans-oceanic trade with the Romans and other civilisations in 27 BCE. The region of modern-day Bengaluru was part of several successive South Indian kingdoms. Between the fourth and tenth centuries, the region was ruled by the Western Ganga dynasty of Karnataka, the first dynasty to set up effective control over the region. According to Edgar Thurston , there were twenty-eight kings who ruled Gangavadi from

15846-534: The reign of Raja Raja Chola I , the Cholas defeated the Western Gangas under the command of the crown prince Rajendra Chola I , and captured Bengaluru. During this period, the Bengaluru region witnessed the migration of many groups—warriors, administrators, traders, artisans, pastorals, cultivators, and religious personnel from Tamil Nadu and other Kannada-speaking regions. The Chokkanathaswamy temple at Domlur ,

15985-523: The reliability of buses. The introduction of bus lanes can significantly assist in the reduction of air pollution due to individual cars and traffic pile up because of cars. Currently, the bus lane has been removed due to reduction in road width due to the ongoing work on Namma Metro's Blue Line on the median. To benefit the commuters and promote the usage of public transportation, the BMTC launched its Intelligent Transport System (ITS) on 25 May 2016. Under this project, BMTC buses were equipped with GPS in

16124-663: The restriction placed on WhatsApp for UPI customer onboarding which until then was limited to 20 million users. With 530 million registered users in the Indian market, WhatsApp could then roll out UPI to all its customers. In place of the present four- or six-digit UPI PIN, NPCI proposed forming collaborations with startups to implement biometric identification for UPI transactions utilizing fingerprints on Android smartphones and face ID on iPhones . There are multiple apps that allow foreign tourists to make UPI payments including one by NPCI called UPI one world NPCI called this feature UPI Lite . It can scan QR code without

16263-437: The same account for the month of August 2018 onwards On 26 March 2021, NPCI defined standard operating procedure for third-party payment providers on 30% market cap. The limit will be calculated on the basis of total volume of transactions processed over UPI during the preceding three months on a rolling basis starting from 1 January 2021. Compliance deadline is until December 2023. NPCI will push first alert through an email or

16402-411: The same month in the previous fiscal year, January 2024 numbers were 52% higher in volume and 42% higher in value, according to NPCI data. According to RBI governor Shaktikanta Das , in 2023 UPI would account for close to 80% of digital payments. Nearly 8 out of 10 digital payments are now done through UPI. source – NPCI portal ~ this data excludes the transactions having debit/credit to

16541-586: The same numbering and function despite the change in branding. BMTC unveiled a smart card for its bus services for the first time in June 2016. The company introduced smart cards on trial-basis on BMTC Bus No. 335 operating between Majestic and Kadugodi bus stations in March 2017. Apart from serving as an identification document, the smart cards can be used to purchase bus tickets and also swiped at point-of-sale (POS) enabled merchant establishments. The card costs ₹ 5 (6.0¢ US) and can be recharged for up to ₹ 10,000 (US$ 120). Recharges higher than ₹ 10,000 require

16680-452: The slums for over 10 years. The Karnataka Municipality works to shift 300 families annually to newly constructed buildings. One-third of these slum clearance projects lacked basic service connections, 60% of slum dwellers lacked complete water supply lines and shared BWSSB water supply. Ιn 2012, Bengaluru generated 2.1 million tonnes of Municipal Solid Waste , or 194.3 kilograms per person. Waste management in Karnataka

16819-686: The start of the Christian era until its conquest by the Cholas. The Western Gangas ruled the region initially as a sovereign power (350–550 CE), and later as feudatories of the Chalukyas of Badami , followed by the Rashtrakutas until the tenth century. The Begur Nageshwara Temple was commissioned around 860, during the reign of the Western Ganga King Ereganga Nitimarga I, and extended by his successor Nitimarga II. Around 1004, during

16958-588: The then ruler of the Kingdom of Mysore for three lakh rupees. After the death of Krishnaraja Wodeyar II in 1759, Hyder Ali , Commander-in-Chief of the Mysore Army, proclaimed himself the de facto ruler of the Kingdom of Mysore. Hyder Ali is credited with building the Delhi and Mysore gates at the northern and southern ends of the city in 1760. The kingdom later passed to Hyder Ali's son Tipu Sultan . Hyder and Tipu directed

17097-404: The total annual value of UPI transactions in India reached ₹182 lakh crore (equivalent to $ 2.2 trillion), reflecting a 59% increase in transaction volume and 45% increase in transaction value compared to 2022. UPI transactions in July 2024 averaged ₹1,430 per transfer, with the system processing 5,390 payments every second. The success of UPI made it a soft power tool for India. It became one of

17236-522: The users. According to the CEO of Netmagic Solutions , UPI became one of the most successful deep-tech financial innovations India has produced. In December 2019, noting the success of UPI, Google suggested that the US Federal Reserve Board should follow UPI as an example in developing FedNow , a real-time payment system for the United States. With the exponential growth of UPI, India became

17375-451: The vote was boycotted by the BJP . In September 2018, Indian National Congress councillor Gangambike Mallikarjun was elected as mayor, replacing Sampath Raj . In 2019 BJP 's M Goutham Kumar took charge as mayor. On 10 September 2020, the term of the BBMP council ended and Gaurav Gupta was appointed as the administrator of BBMP. The municipal commissioner of Bengaluru is Tushar Giri Nath, and

17514-539: The world's largest real-time payment market with 25.5 billion annual transactions in 2020 as per data from ACI Worldwide and GlobalData . This put the country ahead of China, South Korea, Thailand and the United Kingdom. As per the Economist Intelligence Unit Report 2021, UPI has made India a leader in the global real-time payment market followed by China and South Korea. After the decision of

17653-444: Was abolished in 1843, only to be revived in 1881 at Bengaluru and closed down permanently in 1947, with Indian independence . The British found Bengaluru to be a pleasant and appropriate place to station their garrison and therefore moved their cantonment to Bengaluru from Seringapatam in 1809 near Ulsoor , about 6 km (4 mi) northeast of the city. A town grew up around the cantonment, by absorbing several villages in

17792-487: Was also the problem of tackling black money and corruption that happened mostly in cash. RBI in 2014 released a vision statement for a period of four years that indicated commitment towards building a safe, efficient, accessible, inclusive, interoperable, and authorized payment and settlement system in India. It was also part of the Green Initiative to decrease the usage of paper in the domestic payments market. UPI

17931-517: Was appointed and the city divided into four wards for better co-ordination. Victoria Hospital was inaugurated in 1900 by Lord Curzon , the then Governor-General of British India . New extensions in Malleswaram and Basavanagudi were developed in the north and south of the pētē. In 1903, motor vehicles came to be introduced in Bengaluru. In 1906, Bengaluru became one of the first cities in India to have electricity from hydro power , powered by

18070-427: Was exchanged on the UPI platform that is 2.8 times the value of debit and credit card payment at point of sale (POS) terminals and 20 times the value of digital wallet and prepaid instruments in India. UPI registered 3.55 billion transactions in August 2021, a growth of 9.56% from the previous month. In terms of value, ₹ 6.39 trillion worth of money was transacted in August alone. From ₹3.2 trillion to ₹6 trillion,

18209-452: Was first made available for COVID-19 vaccine payments. This feature will be released in the second half of 2024. With UPI Vouchers, users can transfer prepaid vouchers that are connected to the smartphone number of the recipient. The recipient of these vouchers does not need to connect their bank account to UPI in order to use them for payments. It is now possible for businesses and individuals to issue and use UPI vouchers more easily thanks to

18348-423: Was found in a ninth-century Western Ganga dynasty stone inscription on a vīra gallu (Kannada: ವೀರಗಲ್ಲು ; lit.   ' hero stone ' , a rock edict extolling the virtues of a warrior). According to an Old Kannada inscription found in Begur , "Bengalūrū" was the place of a battle in 890  CE . It was also referred to as "Kalyānapura" or "Kalyānapuri" ("Auspicious City") and "Dēvarāyanagara" during

18487-560: Was inaugurated on 12 September 1948 with 120 buses. The transport department of The Mysore state administered it until 1961. It was subsequently converted into an independent corporation under Section 3 of the Road Transport Corporation Act, 1950 on 1 August 1961, In 1961, after successfully converting into an independent corporation all assets and liabilities of MGRTD were transferred to Mysore State Road Transport Corporation . On 1 October 1961, Bangalore Transport Service

18626-494: Was introduced from 2 August 2021. e-RUPI is to ensure leak proof delivery of welfare services and bypassing middle man to decrease corruption. Private sector can use the service for their own corporate social responsibility initiative (CSR). e-RUPI is basically e-voucher based on QR code or SMS string that can be delivered through mobile phone. e-RUPI will act as a precursor for future Central bank digital currency (CBDC) that will be launched by RBI as it will help in highlighting

18765-471: Was merged with it. On 1 November 1973, the Mysore state was renamed as Karnataka thus, renaming it Karnataka State Road Transport Corporation . This left the corporation to serve the Southern part of Karnataka. [REDACTED] Note: The Parisara Vahini/Parisara Snehi, Suvarna Sarige, Samartha Sarige/BIG Trunk, Nera Sarige/BIG 10, Samvrutha Sarige/BIG Circle, Metro Feeder, Nimbus and Samparka still retain

18904-412: Was officially launched in 2016 for public use. Under RBI guidance, NPCI became the primary body tasked with developing a new payment system that is simple, secure, and interoperable. UPI works on a four-pillar push-pull interoperable model where there will be a remitter/beneficiary front-end PSP ( payment service provider ) and a remitter/beneficiary back-end bank that settles the monetary transaction for

19043-518: Was ranked the most livable Indian city with a population of over a million. Bengaluru has the same major urbanisation problems seen in many fast-growing cities in developing countries: rapidly escalating social inequality, mass displacement and dispossession, the proliferation of slum settlements, and epidemic public health crisis due to severe water shortage and sewage problems in poor and working-class neighbourhoods. Languages of Bengaluru (2011) The official language and lingua franca of Bengaluru

19182-485: Was restricted by rules made by the Emperor, who feared the potential power of Kempe Gowda and did not allow a stone fort. Kempe Gowda referred to the new town as his " gandubhūmi " or "Land of Heroes". Within the fort, the town was divided into smaller divisions, each called a pētē ( Kannada pronunciation: [peːteː] ). The town had two main streets—Chikkapētē Street and Doddapētē Street. Their intersection formed

19321-562: Was under beta testing while awaiting RBI approval for large-scale deployment. The beta testing and pilot experiment were completed by October 2021 and RBI started formulating guidelines for nationwide use. The RBI governor Shaktikanta Das launched the service called UPI 123PAY on 8 March 2022, with an aim to help almost 400 million feature phone users in the country. Till now, UPI payments were only possible through payment applications on smartphones and USSD -based service for feature phones . However, as per Deputy Governor T Rabi Shankar,

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