RBI MPC meet: UPI Lite per transaction limit hiked to Rs 1,000; UPI Lite wallet limit hiked to Rs 5,000

RBI MPC on UPI Limit: The UPI Lite per transaction limit has been hiked to Rs 1,000 from Rs 500. The UPI Lite wallet limit has hiked to Rs 5,000 from Rs 2,000. The RBI has also hiked UPI 123PAY per transaction limit to Rs 10,000 from Rs 5,000. The announcements were made at the RBI Monetary Policy meeting today.