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RBI leaves policy rates unchanged, accommodative stance of monetary policy to continue as long as necessary Real GDP growth for 2020-21 is projected at -7.5%, second half of 2020-21 expected to show positive growth RBI Governor Announces Set of Measures to Revive Economy The Reserve Bank of
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FAQ :
The limits for contactless card transactions and e-mandates for recurring transactions via cards and UPI are being increased.
The new limit for contactless card transactions will be £5,000.
The limit for e-mandates for recurring transactions through UPI will also be increased to £5,000.
These increased limits will be effective from January 1, 2021.
The aim is to expand the adoption of digital payments safely and securely.
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