With the Reserve Bank of India''s (RBI) extended deadline coming to an end, there will be no automatic recurring payment for various services including recharge and utility bill as the additional ...
The Reserve Bank of India (RBI) has issued updated rules of e-mandate framework, under which banks won't issue any pre-debit notification on auto-replenishment of some of the services, like FASTag and ...
Payments for auto-replenishment, since they are recurring in nature but without any fixed periodicity, will be exempt from the requirement of pre-debit notification, it added. The Reserve Bank on ...
Reserve Bank of India on August 22 said it has been decided to include auto-replenishment of FASTag and National Common Mobility Card (NCMC) under the e-mandate framework. "It has been decided to ...
At the Global Fintech Fest 2025, the Reserve Bank of India (RBI) and the Department of Financial Services unveiled a host of ...
The Reserve Bank of India, in its latest development, has announced the inclusion of inclusion of auto-replenishment for FASTag and the National Common Mobility Card (NCMC) under its e-mandate ...
The Reserve Bank of India on Thursday updated its e-mandate rules to allow automatic top-ups for FASTag and National Common Mobility Card (NCMC) accounts. Previously, these accounts needed a 24-hour ...
Come October, and your auto-debit mandates for payments of utility bills, insurance premiums, subscriptions to online services and credit card bills may not go through. According to the Reserve Bank ...
MUMBAI: The new cheque clearing system of the RBI with nationwide uniformity and much shorter time lag allowing credit/debit ...
The current e-mandate framework requires a pre-debit notification at least a 24-hours before the actual debit from the customer’s account. In June, the RBI announced that auto-replenishment of ...