Wallet Players Push Back on RBI's Draft PPI Norms, Demand Parity With Banks on P2P
Payment companies have flagged concerns over RBI's draft PPI norms, opposing the Rs 25,000/month P2P cap and Rs 10,000 cash-load limit. Industry warns stricter rules without bank parity could drive customer exodus and force smaller wallet issuers to shut shop.
Wallet players push back on RBI's draft PPI norms, opposing Rs 25,000 P2P cap and Rs 10,000 cash-load limit, demanding parity with banks.
NDTV Profit · 5/26/2026, 10:50:17 AM · Ask about this →