Unveiling the monetary policy, Reserve Bank Governor Shaktikanta Das said the limit for various categories of unified payments interface (UPI) transactions has now been enhanced to Rs 5 lakh per transaction from the present Rs 1 lakh for payments to hospitals and educational institutions.
Fintechs welcome RBI move of setting up a fintech repository thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.
“A credit line scenario is like a normal personal loan. You provide certain documents. Many of you today would probably have a personal loan approved in your mobile banking application where you can go to your mobile banking application and get it enabled in a single click. No additional documentation may be required. ”
This Fintech Startup Is Empowering Kirana Stores entrepreneur.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from entrepreneur.com Daily Mail and Mail on Sunday newspapers.
PayNearby: Taking commerce hyperlocal - The Financial Express financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.