RBI Monetary Policy Outcome: Important announcement for IPO UPI transaction limit - What Guv Das said
RBI Governor Shaktikanta Das while addressing on review by Monetary Policy Committee, made an important announcement on "Increase in UPI Transaction Limit for Specified Categories."
It is proposed to enhance the transaction limit for payments through UPI for Retail Direct Scheme and IPO applications from Rs 2 lakh to Rs 5 lakh. Pics: IANS and Reuters.