"In view of the importance of the IMPS system in processing of domestic payment transactions, it is proposed to increase the per-transaction limit from Rs 2 lakh to Rs 5 lakh for channels other than SMS and Interactive Voice Response System (IVRS),"the RBI said as part of its monetary policy announcement.source https://economictimes.indiatimes.com/industry/banking/finance/banking/rbi-more-than-doubles-limit-on-imps-to-rs-5-lakh/articleshow/86860993.cms
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