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The e-RUPI vouchers are pre-paid digital tools that a beneficiary receives on phone in the form of an SMS or QR code. The e-RUPI rides on the Unified Payments Interface (UPI) system of the National Payments Corporation of India (NPCI). ....
Reserve Bank of India Governor Shaktikanta Das announced that now non-bank companies can also issue e-RUPI vouchers. Besides, the RBI also decided to allow the issuance of RuPay Prepaid Forex cards by banks in India. ....
RBI Governor Shaktikanta Das has announced eight additional measures to improve and amend various segments, including the money market to the issuance of e-RUPI vouchers by non-banking firms. ....
The RBI monetary policy committee unanimously decided to keep the policy repo rate unchanged at 6.50% on Thursday. Watch this Visual Story to check other announcements made by RBI Governor Shaktikanta Das after RBI MPC meeting today. ....
The expansion of e-RUPI vouchers, with the inclusion of non-bank prepaid payment instrument issuers and individual issuance, signifies a major stride towards promoting financial inclusivity and accessibility. ....