RBI increases UPI limit for keypad phones, UPI lite wallet limit also increased to Rs 5000

New Delhi [India], October 9 (ANI): In a bid to boost digital transactions and financial inclusion in the country, the Reserve Bank of India (RBI) has announced an increase in transaction limits for Unified Payments Interface (UPI) services, particularly for users of keypad mobile phones.

The announcement was made by RBI Governor Shaktikanta Das during the policy rates announcement on Wednesday.

One of the key changes int