UPI Lite was introduced as part of the framework issued by RBI for facilitating small value digital payments in offline mode ...

For UPI123Pay, which was launched in March 2022, the RBI has enhanced the per-transaction limit to Rs 10,000 from Rs 5,000 ...

Currently, UPI (Unified Payments Interface) and IMPS (Immediate Payment Service) allow users to view the recipient's name ...

In the Monetary Policy Committee (MPC) meeting on Wednesday, the Reserve Bank of India (RBI) announced an increase in the ...

The RBI has doubled the UPI123Pay transaction limit to Rs 10,000 and increased the UPI Lite wallet limit to Rs 5,000.

The decision to increase these limits is part of the RBI's strategy to make UPI more inclusive and accessible.

Having brought in over 400 million users into the digital payments fold in just about eight years, the ubiquitous Unified Payments Interface (UPI) now seems poised to stamp a global footprint.

In a bid to boost digital transactions and financial inclusion in the country the Reserve Bank of India RBI has announced an increase in transaction limits f ...

RBI enables account holder transfers for verification, increases UPI Lite wallet limit to ₹5,000, enhancing digital payment ...

RBI increases UPI transaction limits for feature phone users to Rs 10,000, enhancing accessibility and convenience for all.

Bankers react to the Reserve Bank of India's decision to hold interest rates, highlighting the softening of the stance and ...