RBI Increases UPI Lite Limit

For More Streamlined Payments, RBI Increases UPI Lite Limit

On September 9, 2024, the Reserve Bank of India amended the Unified Payment Interface (UPI) limitations, which were previously set at INR 2,000 and now stand at INR 5,000. The Reserve Bank of India's governor, Shaktikanta Das, announced that the Monetary Policy Committee (MPC) had decided