auto debit rule

From October 1, the Reserve Bank of India (RBI) mandated changes in the auto debit rule will come into effect. The change is particularly important for customers who use debit card for their recurring transactions.After the changes, all…

Banks have started informing customers about changes in auto-debit transactions as mandated the the Reserve Bank of India (RBI). The changes will come into effect from October 1, Livemint reported on Monday.It quoted a communication from…