Saturday, October 2, 2021

Auto-Debit Rules From RBI Now Live: Prepare for Some Disruptions to Recurring Online Transactions

New auto-debit rules constructed by the Reserve Bank of India (RBI) came into effect on Friday (October 1). The update is believed to impact lakhs of customers who have already opted for recurring online transactions. Banks and merchants are, however, working hard to follow the norms.

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