Transaction Limit in UPI enhanced to Rs 5 lakh for specified categories.

In the Statement on Developmental and Regulatory Policies on December 8, 2021, the Reserve Bank of India announced an increase in the UPI Transaction Limit for Specified Categories.The statement said that the ‘Reserve Bank has been making efforts to facilitate greater participation of retail customers in financial markets, e.g. investment in the G-secs segment through … Continue reading Transaction Limit in UPI enhanced to Rs 5 lakh for specified categories.