Latest Breaking News On - Retail direct scheme - Page 7 : comparemela.com

RBI Retail Direct Scheme: Transaction limit through UPI payments increased from Rs 2 lakh to Rs 5 lakh

Prime Minister Narendra Modi launched two innovative customer centric initiatives of the Reserve Bank of India RBI Retail Direct Scheme and the Reserve Bank - Integrated Ombudsman Scheme last month.

RBI to soon float paper on reasonableness of charges on transactions via digital payments

With a view to make digital transactions more affordable, the Reserve Bank of India will soon come out with a discussion paper on the reasonableness of charges on transactions through digital mode.

Now you can invest up to Rs 5 lakh in IPO and government bonds through UPI

Now you can invest up to Rs 5 lakh in IPO and government bonds through UPI - Earlier, the investment limit through UPI was Rs 2 lakh but it has now been extended to Rs 5 lakh.

RBI's Big Announcement: UPI-based payment products for feature phone users to be launched soon

Das also proposed to release a discussion paper on various charges in the payment system to have a holistic view of the issues involved and possible approaches to mitigating the concerns so as to make digital transactions more affordable.

Views on announcements related to UPI payments in the RBI monetary policy today