alexa
Indianmoney.com Missed Call Number
 
Home News RBI proposes to limit value in PPIs at Rs 1 lakh

Read more interesting news from around the globe with Indianmoney App

Google Play
 
RBI proposes to limit value in PPIs at Rs 1 lakh

RBI proposes to limit value in PPIs at Rs 1 lakh

Tuesday, March 21, 2017, 10:05 AM

The RBI proposed to fix the upper limit for Pre-paid Payment Instruments at Rs 1 lakh in view of growing usage of PPIs for a purchase of goods and services. The RBI had received requests from stakeholders and other entities for relaxations in certain areas while strengthening the norms for safety and security, risk mitigation and customer protection aspects related to usage of PPIs.
RBI
Read More

Learn to Save, Spend, Invest & Borrow Wisely with our Youtube Channel

Get It now!