RBI puts a stop to credit lines on non-bank prepaid instruments
June 23, 2022
RBI puts a stop to credit lines on non-bank prepaid instruments Subject: Economy Section: Monetary Park Context: The Reserve Bank of India (RBI) has issued a notification disallowing non-bank prepaid wallets and prepaid cards from loading credit lines What are prepaid payment instruments (PPIs)? It is a payment instruments that facilitate the buying […]