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Tag: Monetary Policy Statement

RBI Monetary Policy | Soon, deposit cash using UPI

Posted on April 5, 2024 By admin
RBI Monetary Policy | Soon, deposit cash using UPI

Image for representation only | Photo Credit: C. Venkatachalapathy The Reserve Bank of India has proposed to facilitate cash deposit facility in banks through the use of UPI, an instant real-time payment system for inter-bank transactions through mobile phones. ALSO READ | RBI Monetary Policy LIVE updates  “Given the popularity and acceptance of UPI, as…

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