The RBI Governor said that banks will retain the authority to impose their own internal thresholds within the outer limits ...

The RBI announced several consumer centric developments in its monetary policy committee (MPC) meet on April 9, 2025. Among ...

With the launch of the new Aadhaar app featuring Face ID and QR code functionality, Indians are no longer required to carry ...

UPI (Unified Payments Interface) has become the largest medium of digital payment in India, but sometimes transactions may ...

The RBI has announced a revision of UPI transaction limits, allowing higher payment caps for Person-to-Merchant (P2M) ...

UPI is a real-time payment system used for sending and receiving money between bank accounts using a mobile app.

UPI has made transactions seamless and cash nearly obsolete. However, its convenience has also led to impulsive spending and ...

Banks shall continue to have the discretion to decide their own internal limits within the limits announced by NPCI.

Currently, the UPI transaction cap for both person-to-person (P2P) and P2M payments stands at Rs 1 lakh, with exceptions of up to Rs 5 lakh for categories like education and healthcare. The RBI’s move ...

The approval marks BharatPe as the only fintech in India with an NBFC license through Trillion Loans, a stake in Unity Small ...