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RBI Governor Launches New UPI Features At Global Fintech Fest

Credit line on UPI will enable banks to provide pre-approved lines of loans to individuals through the payments platform.

BQ Desk

UPI transactions (Source: Bhimupi.org)

Reserve Bank of India Governor Shaktikanta Das announced on Wednesday four new features on the Unified Payments Interface.

Also Read: Global Fintech Fest 2023—Seen And Heard On Day 1: Funding Winter Not Going Away Anytime Soon

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PM Modi Lands In China After Seven-Year Gap; All Eyes On Talks With Xi Jinping On Sunday

  • chevron-double-right Prime Minister Narendra Modi visited China after over seven years to attend the SCO summit in Tianjin
  • chevron-double-right Modi and Xi Jinping are set to discuss normalising ties strained by the eastern Ladakh border dispute
  • chevron-double-right Modi's visit follows Chinese Foreign Minister Wang Yi's recent talks in India to improve bilateral relations
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