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    <title>RBI permits NPCI to enhance transaction limits in UPI for P2M payments</title>
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    <description>The Reserve Bank permits NPCI to revise UPI P2M transaction limits in consultation with banks and stakeholders, with banks retaining discretion to set internal limits within NPCI announced bounds and P2P UPI transactions remaining capped. Safeguards will be implemented for higher limits. The RBI will issue harmonised prudential and conduct regulations for loans against gold jewellery via draft guidelines, make the Regulatory Sandbox theme neutral and on tap, propose a market based securitisation framework for stressed assets, and expand co lending rules with a generic regulatory framework.</description>
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