Tag: Reserve Bank of India
The Reserve Bank of India (RBI) has decided to build an Automated Banknote Processing Centre (ABPC) in Jaipur to dispatch and store, and for receipt of currency notes.
RBI raises limit for contactless card transactions to Rs 5,000 from Jan 1, NPCI hails the announcement
As a part of its bi-monetary policy announcement, the Reserve Bank of India (RBI) has proposed to increase the limit for contactless card transactions to Rs 5,000 from Rs 2,000 per transaction from January 1, 2021. According to the RBI's statement on developmental and regulatory policies, contactless card transactions and...
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