New PAN norms 2026: Where quoting is relaxed and where it’s now mandatoryNew Income Tax Rules, 2026 have relaxed PAN quoting for several transactions, including cash deposits and debit card applications. However,...
23 May, 2026, 09.59 AM IST
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
These 8 private and public banking stocks have an upside of up to 35% in one year, according to analystsThere was a decline in banking stocks during Tuesday’s trading session. The drop came as a reaction to the RBI tightening its bad loan norm...
29 Apr, 2026, 05.52 AM 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
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
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
RBI allows recurring transactions upto Rs 2,000 on cardsThis has been done keeping in view the changing payment needs and the requirement to balance the safety and security of card transactions w...
22 Aug, 2019, 02.43 PM IST
How to set up e-mandate for SIP in MFsTo reduce the paperwork and time involved in setting up a debit mandate, registrars of mutual funds have introduced e-mandate for investmen...
01 Oct, 2018, 06.30 AM IST
- 'Maintain mandate management routines for ECS debit'
RBI on Tuesday called upon banks to incorporate an appropriate mandate management routine for handling electronic clearing service (debit) ...
04 Jul, 2006, 09.30 PM IST