The Ministry of Electronics and IT (MeitY) has declared the IT resources of ICICI Bank, HDFC Bank and UPI managing entity NPCI as 'critical information infrastructure'.
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.
EXAMIANS