Born out of microfinance, Bandhan Bank now bets big on AI and digital bankingAs Bandhan Bank accelerates its transition from a microfinance-led institution into a universal bank, Executive Director & COO Ratan Kumar ...
20 May, 2026, 01.17 PM IST
Rs 8,400 a year on OTT apps? It can become Rs 6.4 lakh in 20 years. CA warns about the quiet leaks in your wealthSmall monthly subscriptions for entertainment can quietly drain your finances. CA Nitin Kaushik highlights how Rs 8,400 spent annually on O...
19 May, 2026, 10.49 AM IST
Wealth building mistake many make: CA warns about 'automation' trap that quietly drains bank balances every monthA Chartered Accountant has highlighted how rising EMIs, rent, SIPs, and other automated deductions are leaving many salaried individuals wi...
10 May, 2026, 11.50 PM IST
Planning to take home loan? 5 smart ways to maximise your benefitsThe amount you borrow should depend on your personal financial situation, including monthly expenses, existing liabilities, lifestyle needs...
01 May, 2026, 04.08 PM IST
APY crosses 9 crore subscribers: More Indians are investing in Atal Pension Yojana for retirement income; check its benefitsAtal Pension Yojana has reached a historic milestone with over 9 crore subscribers. Financial year 2025-26 saw the highest enrolments since...
22 Apr, 2026, 06.47 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
How to set up auto debit for your SIPs and utility bills: A step-by-step guideInvestors can automate payments for mutual fund SIPs, utility bills, and other recurring transactions through NACH mandates, UPI auto-debit...
18 Aug, 2025, 06.30 AM 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 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
Apple app store removes option to pay via debit and credit cards due to RBI auto-debit mandate"Regulatory requirements in India apply to the processing of recurring transactions. If you hold an Indian debit or credit card and you hav...
05 May, 2022, 07.53 PM IST
Standing auto debits see high decline ratesMore than two months after the Reserve Bank of India made it mandatory for banks to reach out to customers before initiating standing debit...
13 Jan, 2022, 06.30 AM IST
More than 80% Indians support RBI move to stop auto debit: LocalCircles surveyRBI has stopped automatic recurring payments for all services offered by various companies such as Amazon, Netflix or several applications ...
28 Oct, 2021, 10.59 AM IST
New rules put auto debits in no man's land, merchants forced to curtail servicesThose affected also include providers of software as a service (SaaS) facilities, media platforms and even telecom companies that generate ...
21 Oct, 2021, 06.57 AM 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
Bank account-mobile number linking, KYC in demat account, other money tasks to do before September 30Here is a look at the three money tasks you must complete in the month of September to avoid penal consequences.
18 Sep, 2021, 11.03 AM IST
Your auto-debit payments won’t fail: RBI extends deadline for extra authenticationThis is good news because many banks and payment gateways were yet to comply with RBI’s mandate and had asked the apex bank for additional ...
31 Mar, 2021, 03.43 PM IST
Your auto-debit payments for subscriptions, bills set to fail next monthRBI refuses more time to comply with a new rule that requires banks to send a notification to customers five days before the payment is sla...
30 Mar, 2021, 01.38 PM IST