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RBI Raises UPI Payment Limits for Hospitals and Educational Institutions

RBI Raises UPI Payment Limits News: In a significant development for digital transactions, the Reserve Bank of India (RBI) has increased the UPI payment limits for hospitals and educational institutions from Rs 1 lakh to Rs 5 lakh per transaction. The announcement was made by RBI Governor Shaktikanta Das following the Monetary Policy Committee meeting, where various categories of UPI transactions were under review.
Shaktikanta Das Shivaji Thapliyal Monetary Policy Committee Head Of Research Boost Digital Transactions Provide Relief

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