PhonePe back in business after Yes Bank fallout

We are back with a bang! Would've been impossible to do so in record time without incredible effort & inspirational leadership displayed by NPCI and our new UPI partner ICICI Bank. Will never forget because - A friend in need is a friend indeed, PhonePe CEO Sameer Nigam tweeted.

PhonePe's partner bank, Yes Bank, was placed under moratorium by RBI. The service had gone down since then.