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.
State-owned Bank of Maharashtra (BoM) has ranked first in the list of the top performer public sector lenders in terms of loan and deposit growth in percentage terms during 2021-22.
Whatsapp launched the SMBSaathi Utsav initiative which aims to support small businesses by helping them to adopt digital mediums like Whatsapp Business App.
EXAMIANS