Earlier, the limit was Rs 200 which is now increased to Rs 500, an announcement for which was made during the August MPC.
The six-member MPC has said to encourage wider adoption of this mode of payments and bring in more use cases into this mode, it is now proposed to increase the per transaction limit to Rs 500. The overall limit is, however, retained at Rs 2000 to contain the risks associated with relaxation of two-factor authentication.
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Esta historia es de la edición August 25, 2023 de The Statesman.
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Ponting predicts 3-1 triumph for Oz in Border-Gavaskar series
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Days after CA lifts leadership ban, David Warner named Sydney Thunder captain
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For first time in a decade, Kohli slips out of top-20 in Test rankings
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Martinez returns to Argentina squad for World Cup qualifiers
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Champions League: Real Madrid head coach Ancelotti laments lack of 'solidity' after AC Milan humiliation
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Nikhat Zareen hails bid to host 2036 Olympics
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AC Milan thrash Real Madrid 3-1; Sporting CP, Liverpool also win
Milan puts defending champion's chances for knockout stage in doubt while Sporting, Liverpool also win big
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