Business correspondents urge RBI to ease domestic transfer limits and rules
- Posted on January 12, 2025
- By Business News Today
- 2 Views
Business correspondents urge RBI to ease domestic transfer limits and rules
Business correspondents have requested the RBI to double the monthly transfer limit to ₹50,000 and reduce two-factor authentication to once a month. They have also flagged misuse of the system by some entities to bypass TDS and GST rules using the payment gateway's API.
