It has now been decided to enhance the limit for tax payments through UPI from Rs 1 lakh to Rs 5 lakh per transaction
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Using a top-up loan for speculative investments can lead to considerable financial losses for borrowers thereby impacting their ability to repay the loan and risking a foreclosure
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The decision to keep the repo rate steady comes amidst persistent concerns about inflation, which remains above the RBI's target range
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To enhance the seamless usage of UPI Lite and in response to stakeholder feedback, a proposal is underway to integrate UPI Lite into the e-mandate framework
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With insights from industry stalwarts and analysts, the intricate relationship between monetary policy and fintech innovation comes to the forefront, unveiling both challenges and opportunities in this dynamic landscape
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