Economy

Cash Withdrawal via UPI

April 13 , 2022 859 days 569 0

A cardless cash withdrawal facility has been made available at all ATMs by the Reserve Bank of India (RBI).
This facility will be made available via the Unified Payment Interface (UPI) irrespective of the bank.
This decision was made by the Monetary Policy Committee (MPC) of the RBI.
All banks have been given permission by the RBI to introduce card-less cash withdrawals through ATMs.