November 22, 2024 04:57 (IST)
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RBI increases UPI 123Pay and UPI Lite limit in MPC meeting

RBI increases UPI 123Pay and UPI Lite limit in MPC meeting

New Delhi/IBNS: The Reserve Bank of India (RBI) on Wednesday (Oct. 9) announced an increase in the transaction limit for UPI123 Pay from Rs 5,000 to Rs 10,000.

More than 37,000 users joined UPI123Pay since its launch on March 8

More than 37,000 users joined UPI123Pay since its launch on March 8

New Delhi: The Reserve Bank of India (RBI) has taken various steps to expand the reach of UPI outside India and 37,096 users have joined the payments network, Union Minister of State for Finance Dr Bhagwat Kisanrao Karad said recently in a written reply to a question in Lok Sabha.