With the aim of increasing popularity of UPI and to promote it further, the Reserve Bank of India (RBI) has proposed to increase the UPI Lite Wallet Limit from Rs 2,000 to Rs 5,000 and the per transaction limit to Rs 1,000. Currently, the UPI Lite Wallet limit is Rs 2,000 and Rs 500 per … Continue reading Now one-time payment of Rs 1,000 will be possible through UPI Lite, wallet limit increased to Rs 5,000