The Reserve Bank of India raised the Additional Factor of Authentication (AFA) limit from Rs. 5,000 to Rs 15,000 per transaction for e-mandates on cards, Prepaid Payment Instruments (PPIs) and UPI for recurring transactions.
Organized by the International Institute for Strategic Studies, the 19th Shangri-La Dialogue, which began in Singapore two years after the COVID-19 pandemic, is one of the important defence summits in Asia.