Reserve Bank of India today placed on its website an updated circular on Operation of Pre-Sanctioned Credit Lines at Banks through Unified Payments Interface (UPI).

As announced in the Statement on Developmental and Regulatory Policies dated December 06, 2024, the scope of credit on UPI is extended to SFBs as well.

(Puneet Pancholy)  
Chief General Manager

Press Release: 2024-2025/2136