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Cardless cash withdrawal using UPI has been extended and will be made available at all bank branch and ATMs via UPI, to prevent fraudulent transactions.
While addressing the first Monetary Policy Committee (MPC) statement for the financial year 2022-2023 on April 8, Reserve Bank of India (RBI) Governor Shaktikanta Das announced that cardless cash withdrawal using UPI has been extended and will be made available at all bank branch and ATMs via UPI, to prevent fraudulent transactions.