Rbi auto debit

Image Source : PTI RBI hikes OTP mandate limit for auto-debit recurring payments upto Rs 15,000 HighlightsRBI had in 2019 first introduced the rule for processing recurring payments The latest decision means that customers will no…

NEW DELHI: India's top banks have been sending emails and coordinating with customers, ahead of the Reserve Bank of India's (RBI) mandatory changes on auto-debit rules from October 1. Sources said, banks last week asked for more time from…