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 ...

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 ...

Do you use your debit/credit card or mobile wallet for recurring auto-debit payments? If yes, then you should know that from October 1 onwards, as mandated by the Reserve Bank of India (RBI), banks ...

As the new auto-debit guidelines given by the Reserve Bank of India (RBI) came into effect from Friday, customers faced several issues especially in making smaller payments on day 1. For new standing ...

Industry experts say the new regulation will safeguard customers' interests in terms of data security and the prevention of fraud. According to RBI’s new norms, banks need to notify customers of any ...

All Standing Instructions set up on your credit card and debit card will not be processed, without the additional factor of authentication.(iStock) Starting from next month (1 October), the ...

From October 1, the Reserve Bank of India’s new regulations for recurring payments on debit and credit cards come into play. If you have been using your card to buy OTT subscriptions such as Netflix, ...

The Reserve Bank of India (RBI) has differed the deadline to implement curbs on the auto-debit facility that has been available to you on your credit card, by another six months. Those curbs were to ...

NEW DELHI: Jio users can now set standing instructions for auto-debit for their tariff plans through UPI after a tie-up between the telecom player and NPCI. National Payments Corporation of India ...

If bank and service provider are not compliant, pay manually, or give standing instruction linked to bank a/c, suggests Bindisha Sarang. Kindly note the image has only been posted for representational ...

Let's get the facts straight. Your auto debit payments for home loans, utility bills and other recurring payments registered with banks will not see any disruption from April 1, 2021. The Reserve Bank ...