In the World Gold Council (WGC) report titled 'Gold refining and recycling,' India has ranked 4th in global gold recycling in 2021 recycling 75 tonnes.
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.