BHIM eyeing govt schemes, products to boost business growth (opens original article in a new tab)

BHIM is expanding beyond UPI payments by integrating government schemes and financial services to drive growth and revenue, aiming to attract new users and establish itself as a financial services platform.

• BHIM plans to leverage government schemes like DBT and SHG digitisation to expand its user base and revenue streams beyond UPI payments.
• NBSL aims to target untapped markets in non-metro areas and develop financial services including loans, insurance, and investments through partnerships.
• The app reported a loss of Rs 68 crore in fiscal 2025, with expectations of remaining loss-making for the first three years post-hiving off.