Thursday, October 7, 2021

RBI increases IMPS limit to Rs 5 lakh from Rs 2 lakh earlier

RBI Governor Shaktikanta Das announced that the increased limit for the digital payment mode used for making immediate transfer of money will make it convenient for consumers to tansfer higher sums.

source https://economictimes.indiatimes.com/industry/banking/finance/banking/rbi-increases-imps-limit-to-rs-5-lakh-from-rs-2-lakh-earlier/articleshow/86859564.cms

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