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UPI Account Holders Will Now Get Pre-Sanctioned Credit Line Based On Their Spending History! (How Will it Work?) - Trak in

UPI Account Holders Will Now Get Pre-Sanctioned Credit Line Based On Their Spending History! (How Will it Work?) - Trak in
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RBI MPC meet: RBI to allow operations of pre-sanctioned credit lines via UPI

We have been making a lot of announcements relating to UPI in past policies to widen and expand the footprint of UPI even further, RBI Governor Shaktikanta Das said

RBI announces today that it will develop a centralised  WebPortal for public to search unclaimed deposits to help beneficiaries to get back their deposits

New Delhi: Reserve Bank of India announces today that it will develop a centralised  WebPortal for public to search unclaimed deposits to help beneficiaries to get back their deposits. Currently, the depositors & beneficiaries have to go through

India Allows Banks to Issue Credit Lines Via UPI

India’s digital transformation of financial services continues and now pre-approved credit lines are linked to the United Payments Interface (UPI). In an…

Is a Fully Cashless World Inevitable?

The pandemic intensified the existing trend toward the demise of cash as a medium of exchange, with digital payment forms becoming the preferred choice for a growing segment of the population. Countries are experiencing varying degrees of success in doing away with their banknotes, as exemplified by India’s and Nigeria’s recent attempts.

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