RBI Allows Pre-Sanctioned Credit Lines Via UPI

RBI Allows Pre-Sanctioned Credit Lines Via UPI

RBI Allows Pre-Sanctioned Credit Lines Via UPI The Reserve Bank of India (RBI) on Thursday proposed expanding the reach of the Unified Payments Interface (UPI) digital payments system by allowing transfers to/ from pre-sanctioned credit lines at banks. Governor Shaktikanta Das made the announcement while announcing the outcomes of the …

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