The Reserve Bank of India (RBI) today allowed the National Payments Corporation of India (NPCI) to revise transaction limits ...

The RBI announced that the National Payments Corporation of India (NPCI) can revise limits for person-to-merchant (P2M) transactions on UPI, which were initially capped at Rs 1 lakh. Notably ...

The RBI data shows that gross NPAs rose from ₹5,250 crore in December 2023 to the current level, a rise of nearly ₹1,500 ...

The Reserve Bank of India (RBI ... he said. UPI set a new record in March, registering a total of 18.30 billion transactions amounting to ₹24.77 lakh crore, per NPCI data.

P2P transactions on UPI, however, will continue to be capped at ₹1 lakh, as hitherto. Governor Malhotra announced that the RBI proposes to review the guidelines for lending against gold jewellery.