RBI Doubled the Payment Limit for Digital Payment Companies such as Paytm, PhonePe
RBI: The Reserve Bank of India (RBI) took an important decision in the first monetary review for the financial year 2021-22 on Wednesday. The RBI doubled the limit for digital payment companies such as Paytm-PhonePe. That is, consumers will get the facility of keeping 2 lakh rupees instead of 1 lakh rupees in the wallet. With this, fintech…