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Tag : Monetary Policy Committee (MPC)

INDIA

RBI Raised Transaction Limit for UPI 123Pay to Rs 10,000 and for UPI Lite Wallet to Rs 5,000

Esha Somadder
During the Monetary Policy Committee (MPC) announcement, Das stated that the per-transaction limit for UPI 123Pay will be increased from Rs 5,000 to Rs 10,000,...
ECONOMY

RBI Keeps Repo Rate Unchanged at 6.5%, Changes Stance to Neutral

Esha Somadder
The Reserve Bank of India’s Monetary Policy Committee (MPC) has decided to keep the repo rate unchanged at 6.5% but has shifted its stance to...
ECONOMYMUST READS

First RBI MPC Meeting in 2024: Repo Rate Unchanged at 6.5%, Real GDP Growth in FY25 Projected at 7%

Chinmay Bohra
The Reserve Bank of India (RBI) Monetary Policy Committee (MPC) has kept repo rates unchanged at 6.5%, in line with widespread expectations. This decision came...
BUSINESS

India to Open UPI Payments for Foreign Tourists, Starting at Airports for Tourists from G20 Countries

Nilesh
The Reserve Bank of India (RBI) has proposed allowing foreign tourists to make merchant payments through the United Payments Interface (UPI) while in India. The...