RBI RULES ON CASH WALLET

Cash Limit at Home: Is there a limit to keep cash at home? know these information related to cash transactions!

The trend of digital transactions has increased in the country. People are using this facility in increasing numbers. But at the time of emergency, people rely only on cash. For this reason, they keep cash in their house only. Very few people know how much cash is right to keep at home. According to the …

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RBI

Money in various cash wallets can be withdrawn from ATM and PoS terminals soon

Read on App The Reserve Bank of India announced that soon money kept in various cash wallets can be withdrawn from ATM and Point of Sale terminals. Detailed instructions will be issued separately. At present Reserve Bank of India has permitted 35 prepaid payments instruments i.e. PPI. It includes Delhi Metro Card, Amazon Pay, Phonepe, Ola …

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