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.
The inaugural batch of the 'Google for Startups Accelerator - India Women Founders' will accept up to 20 women-founded/ co-founded startups in the country, and support them through a three-month program.