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Cardless cash withdrawals will be available soon at banks, ATMs via UPI, says RBI Governor Shaktikanta Das

Shortpedia

Content Team
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The Reserve Bank of India (RBI) Governor Shaktikanta Das said the cardless cash withdrawal option will be made available to all banks and ATMs utilising the UPI when announcing the monetary policy. At the moment, just a few banks have the choice. The net value threshold for Bharat Bill Payments System Operating Units has been reduced from Rs 100 crore to Rs 25 crore, according to Das.