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.
BOB Financial Solutions Limited (BFSL), a wholly-owned subsidiary of Bank of Baroda and Nainital Bank, announced the launch of Nainital bank- BoB co-branded Contactless RuPay Credit Card.
According to Bloomberg Billionaire Index, Mukesh Ambani's net worth has risen to $99.7 billion, while Gautam Adani's net worth stood at $98.7 billion. Mukesh Ambani is ranked the eighth richest person in the world as per the Bloomberg Billionaire index. In India as well as in Asia Reliance Industries Limited's chairman Mukesh Ambani is the richest.