Tag

• UGI USER
• banking convenience cash deposit system digital banking digital payments fintech innovation India fintech RBI policy RBI update UPI cash deposit UPI expansion
• 71
• 0

RBI TO ALLOW UPI FOR CASH DEPOSIT, ENHANCING BANKING CONVENIENCE.

Why in the news? RBI plans to enable UPI for cash deposits, permits foreign investment in green bonds, and introduces a mobile app for Retail Direct scheme. source:fintra About RBI’s Initiatives for Digital Banking: RBI plans to enable Unified Payment Interface (UPI) for cash deposits, acknowledging its popularity and convenience. This move aims to enhance …

Read More