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Payments bank deposit limit doubled by RBI

Bapun Raz

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In a bid to promote digital payments banks in the country, the Reserve Bank of India (RBI) on Wednesday announced that it has increased the maximum end of day balance for payment banks to ₹2 lakh. Earlier, the limit was ₹1 lakh.

 

Abhi

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It's really a good move by RBI, paytm and airtel both are performing well in banking sector.
 
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