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In line with its announcement earlier this year, the Reserve Bank of India (RBI) has now allowed scheduled commercial banks to offer credit lines to their customers through the Unified Payments Interface (UPI).

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In line with its announcement earlier this year, the Reserve Bank of India (RBI) has now allowed scheduled commercial banks to offer credit lines to their customers through the Unified Payments Interface (UPI). The move is expected to further increase the usage and scope of the payments interface. Till now, customers could link savings accounts, […]

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