FASTags with a valid balance but an incomplete KYC will get deactivated or blacklisted by banks…
Tag: RBI Guidelines
Planning to invest in green deposits? RBI releases set of FAQs
In the wake of existential threat that stares at the planet, every institution and individual is…
Loan defaults: RBI pushes the deadline for new penal regime to April 1, 2024
The Reserve Bank of India (RBI) has deferred the deadline for introduction of a new penal charges…
Death claims: How some banks still pose hurdles
A nominee of a bank account—savings or fixed deposit— is liable to receive proceeds from the…
RBI barred Paytm Payments Bank from accepting new customers
Paytm Payments Bank: RBI bars Paytm Payments Bank from accepting new customers Bengaluru: The Reserve Bank…
These RBI rules are applicable for online card transactions from July 1, 2022
From July 1, 2022, e-commerce companies like Amazon and Flipkart or online delivery aggregators like Zomato…
How to set up UPI Autopay for your recurring payments
New Delhi: As per Reserve Bank of India (RBI) guidelines, customers are required to have additional…
RBI’s auto debit rules have come into effect. Learn more about them here
As per new RBI norms, customer’s pre-approval will now be required for recurring payments From October…