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DIRECT DEBIT MANDATE
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- Hyderabad Metro to turn profitable next year with IRFC’s low-cost loan: Telangana Chief Secretary
- PPFAS Mutual Fund among 15 AMCs to offer voluntary lock-in for folios. Here is how Sebi’s rule worksMutual fund investors can now temporarily block withdrawals and debits from their folios, with 15 AMCs, including PPFAS Mutual Fund, rollin...01 May, 2026, 12.15 PM IST
- NRI but using resident savings account? Here’s what you must know about NRE, NRO, and FEMA rulesNRIs must update their Indian bank accounts to NRE or NRO status to comply with FEMA regulations. Failing to do so can result in significan...30 Apr, 2026, 12.07 PM IST
- HDFC Bank alerts clients on card swipe for overseas dealsIn recent times many resident individuals, banking with various financial institutions, have used cards to carry out international capital ...24 Apr, 2026, 06.39 AM IST
- No two-factor authentication needed for payment up to Rs 15,000 through e-mandate; higher recurring limit for these transactionsThe Reserve Bank of India introduces a new e-mandate framework for digital payments effective 2026. As per new rules, all recurring transac...22 Apr, 2026, 04.09 PM IST
- RBI brings cross border transactions under e-mandate rules, allows customer to opt out anytimeThe Reserve Bank of India is enhancing digital fraud prevention. Cross-border recurring electronic payments via cards, prepaid instruments,...21 Apr, 2026, 06.57 PM IST
- Where’s the Indian mutual fund sector going ahead? 6 big trends to watch out forMutual fund trends highlight a structural shift in investor preference towards mid and small caps, sectoral themes, and multi-asset funds, ...19 Apr, 2026, 01.45 PM IST
- April 1, 2026 rule changes: PAN, SBI credit card cashback, FASTag, ATM withdrawals—check listMajor financial and banking rule changes are coming from April 1, 2026. SBI Card, NHAI FASTag, and RuPay debit card lounge access will see ...31 Mar, 2026, 03.53 PM IST
- Centre can deduct outstanding payments from states getting benefits of PM e-busThe centre can deduct outstanding dues from states under the PM E-Bus scheme using a Direct Debit Mandate with RBI. PTAs will operate elect...29 Oct, 2024, 05.30 PM IST
- FASTags, NCMC payments to become easier: You don't have to add money manually for each rechargeNew recurring payments rule: The Reserve Bank of India (RBI) announced including recurring payments for Fastag, National Common Mobility Ca...07 Jun, 2024, 01.53 PM IST
- RBI Retail Direct: NACH facility now available for investing in government bonds, T-bills; how it is better than UPIReserve Bank of India has enabled payments through National Automated Clearing House (NACH) in the Retail Direct Website. Now an investor c...07 Dec, 2023, 10.22 AM IST
- RBI adds more features to UPI, allows multi debits and single block facilitiesThe Reserve Bank of India (RBI) has said UPI customers can create a payment mandate against a merchant by blocking funds in a bank account ...08 Dec, 2022, 05.52 AM IST
- RBI hikes limit on auto-debits from debit, credit cards sans OTP to Rs 15,000The Reserve Bank of India (RBI) announced the hike in amount for e-mandate for recurring payments made via credit and/or debit cards sans a...17 Jun, 2022, 12.23 PM IST
- Recurring card payments to be affected as new credit, debit card rules kick in from October 1This move by the RBI can take growth in recurring payment mandates off the charts even though there might be disruptions in the short term,...30 Sep, 2021, 12.31 PM IST
- Your auto-debit from debit/credit card may fail from next month if not approvedUnder the new additional factor authentication rules, a bank is required to send a notification to the customer at least 24 hours before th...30 Sep, 2021, 10.12 AM IST
- Recurring card payments to be hit from next monthAccording to sources, around 75% of the banks have put in place the technology to meet RBI’s directive. However, there are some banks and m...27 Sep, 2021, 05.01 PM IST
- Razorpay, Mastercard launch solution for recurring payments; aims to integrate with over 50 banksThis directive is applicable to all recurring payments which were earlier debited automatically from customers' cards (credit/debit/prepaid...06 Jul, 2021, 06.39 PM IST
- 5 Steps to register for direct debit facility of your bank04 Apr, 2007, 12.00 AM IST
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