The RBI has allowed operation of pre-sanctioned credit lines at banks through UPI. RBI Governor Shaktikanta Das said “Scope of UPI to be expanded, by permitting operation of pre-sanctioned credit lines at banks, through UPI. This will further encourage innovation,” said Das.What do you think about this initiative of the RBI ? Let us know in the comments below. #MotilalOswal #UPI #UPIpayments #RBI #ReserveBankofIndia #ShaktikantaDas #Credit #Loans #Finance #CreditCards
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