Highlights
- Reserve Bank of India laid down the Auto-debit rules in 2019
- Various banks have implemented changes as per the new rules
The Reserve Bank of India laid down the auto-debit rules in 2019. These rules came into effect from October 1, 2021, after two years of the initial announcement. This update will impact lakhs of customers who have opted for online transactions.
....Tags : RBI, Banks, Rules, Online, Transactions,
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