RBI enhances maximum balance limit to Rs 2 lakh for payments banks

With the objective of giving more flexibility to the PBs, RBI has decided to enhance the limit of maximum balance at the end of the day from Rs. 1 lakh to Rs. 2 lakh per individual customer of PBs with immediate effect.With the objective of giving more flexibility to the PBs, RBI has decided to enhance the limit of maximum balance at the end of the day from Rs. 1 lakh to Rs. 2 lakh per individual customer of PBs with immediate effect.taxmann.com Latest Statutory HappeningsRead More

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