New Delhi, Feb 10 (SocialNews.XYZ) The Reserve Bank of India (RBI) on Thursday proposed to enhance the cap under e-RUPI prepaid digital vouchers.
The present cap of Rs 10,000 will be increased to Rs 1 lakh per voucher and such vouchers will be allowed to be used more than once, RBI Governor Shaktikanta Das said while announcing the latest monetary policy meeting outcome.
This enhancement is expected to further facilitate the delivery of various government schemes to the beneficiaries more efficiently, he said.
The e-RUPI pre-paid digital voucher developed by the National Payments Corporation of India (NPCI) was launched in August 2021, Das added.
Source: IANS
Gopi Adusumilli is a Programmer. He is the editor of SocialNews.XYZ and President of AGK Fire Inc.
He enjoys designing websites, developing mobile applications and publishing news articles on current events from various authenticated news sources.
When it comes to writing he likes to write about current world politics and Indian Movies. His future plans include developing SocialNews.XYZ into a News website that has no bias or judgment towards any.
He can be reached at gopi@socialnews.xyz
This website uses cookies.
