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Enhancing the payment limits for Unified Payments Interface (UPI), electronic mandates, setting up of cloud facilities, the financial sector and fintech repository were some of the major announcements made by the Reserve Bank of India Governor, Shaktikanta Das on Friday.

RBI hikes limits for UPI payments & e-mandates, to set up cloud facility, FinTech repository

On February 1, the Budget for 2019-20, which will be presented in the Lok Sabha. It is expected to unveil measures for modernisation of the Railways, steps will be taken up for boosting infrastructure and additional allocation for safety related issues

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RBI hikes limits for UPI payments & e-mandates, to set up cloud facility, FinTech repository

Budget 2019 could focus on Railways modernisation, safety & infrastructure development: Reports