RBI’s One-Hour Delay Plan For New Payees Raises Industry Red Flags
Last Updated:April 14, 2026, 3:25 PM IST RBI plan to delay transactions over 10000 rupees to new payees sparks concern, bankers and fintechs warn it may hurt UPI speed and user experience. UPI has seen phenomenal growth in the past few years thanks to easy interface and quick transfer of money The Reserve Bank of…