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Now, you can keep up to Rs 2 lakh in your mobile wallets. Here's how

Updated : April 10, 2021 05:12 PM IST

With the rising prominence of payments banks, the Reserve Bank of India doubled their maximum end-of-day balance to Rs 2 lakh from the earlier limit of Rs 1 lakh.
Payment banks, as we know, are savings account that can offer deposit services but cannot offer loans and advances to the customers.
Now, you can keep up to Rs 2 lakh in your mobile wallets. Here's how
Published : April 08, 2021 06:11 PM IST

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