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Understanding UPI's growth and dip: Insights from April transactions
Explore the dynamics of Unified Payments Interface (UPI) transactions, with a focus on the marginal dip in April
Wider IMPS limit to push digital payments
IMPS started with Rs5 lakh limit, but the limit was reduced to Rs2 lakh because of delayed settlement on next day as the beneficiary bank would suffer...
RBI enhances Transaction Limit in IMPS transfers to Rs 5 lakh
In order to promote digital transactions, the Reserve Bank of India (RBI) on Friday enhanced the transaction limit using Immediate Payment Service...
RBI allows settlement files of payment systems on all days of year
The RBI has proposed to allow settlement files of payment systems viz., AePS, IMPS, NETC, NFS, RuPay, UPI to be posted to the apex bank on all days of...