Shaktikanta Das  25th governor of the Reserve Bank of India (RBI)

RBI Increases Limits for UPI 123Pay and UPI Lite Transactions

The Reserve Bank of India (RBI) has increased the pre-transaction limits for UPI 123Pay and UPI Lite payment mechanisms. Users can now conduct low-value UPI transactions of up to Rs 1,000 without entering the PIN, up from the previous limit of Rs 500. 26 days ago
E-Commerce

Indian E-commerce Market Set to Soar to $325 Billion by 2030

The Indian e-commerce market is projected to reach $325 billion by 2030, driven by rural demand and a 21% CAGR. Retailers are adapting to omnichannel strategies and expanding in tier 2 and 3 cities, with growth also fueled by increased smartphone use and internet access. 27 days ago