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RBI enhances UPI Lite wallet limit to Rs 5,000

The Reserve Bank on Wednesday announced the increase of the UPI Lite wallet limit to Rs 5,000 and per-transaction limit to Rs 1,000, in order to encourage wider adoption of the popular instant......

RBI changes policy stance to open window for a rate cut

The Reserve Bank of India (RBI) kept its key interest rate unchanged on Wednesday but took the first step towards a rate cut as it eased its relatively hawkish policy stance to 'neutral'.......

Digital payments in India to double to $7 tn by 2030

With digital adoption fast gaining currency, India is likely to see retail digital payments double to $7 trillion by 2030 from current levels, a study by Kearney and Amazon Pay said. Illustration:......

RBI keeps interest rates unchanged in hawkish policy

The Reserve Bank of India (RBI) on Thursday left its key interest rates unchanged for a third straight meeting but signalled tighter policy if food prices drive inflation higher. Photograph: PTI......

PhonePe raises $350 mn at $12 bn valuation

Walmart-owned digital payments app Phonepe on Thursday said it has raised $350 million at a valuation of $12 billion in a funding round led by private equity firm General Atlantic. Photograph:......

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Upi Lite

News for Upi Lite

RBI enhances UPI Lite wallet limit to Rs 5,000

RBI changes policy stance to open window for a rate cut

Digital payments in India to double to $7 tn by 2030

RBI keeps interest rates unchanged in hawkish policy

PhonePe raises $350 mn at $12 bn valuation

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