Rs 500 Notes Banned from ATMs?” The Truth behind the Viral Message and How RBI/PIB Fact-Check Safeguards Indian Banking Social media in India, especially WhatsApp, has a well-earned reputation for circulating viral news—sometimes helpful, sometimes humorous, but occasionally dangerously misleading. In recent weeks, one such viral message set off panic across banking circles, claiming that…
Tag: Digital Banking
UPI Transaction Limit Soars to ₹10 Lakh for Key Payments: What You Need to Know!
Introduction In a landmark move set to redefine high-value digital transactions in India, the National Payments Corporation of India (NPCI) has announced a significant increase in Unified Payments Interface (UPI) transaction limits for specific categories. Starting September 15, 2025, users will be able to make payments of up to ₹5 lakh per transaction and an…
UPI Transactions Surge Past 20 Billion – A New Digital Banking Era
Introduction India’s payments ecosystem has achieved a historic feat: UPI transaction volumes soared past 20 billion in August 2025, up 34% from last year. This isn’t just a statistic—it signals a shift in how people pay, banks operate, and technology empowers every rupee to reach faster, further, and more securely than ever before. The Rise…


