Search result for 'e-mandate'

The Reserve Bank of India has modified its e-mandate framework to allow auto-replenishment of FASTag and NCMC balances, eliminating the need for pre-debit notifications.

RBI raises UPI automatic payment limit to Rs 1 lakh for transactions like mutual fund subscriptions, insurance premiums, and credit card bill payments. Read more.

The Reserve Bank of India kept interest rates unchanged for the fifth consecutive time and raised the GDP growth forecast to 7%. Other key business stories include RBI's inflation outlook, UPI...

RBI hikes UPI payment limits for hospitals, educational institutions to Rs 5 lakh and e-mandate cap for recurring payments to Rs 1 lakh. Industry leaders welcome the move, saying it will boost...

Bankers applaud RBI's decision to keep repo rate unchanged, highlighting the central bank's focus on stable inflation and high economic growth. The move is expected to benefit banks and encourage...

The Reserve Bank of India (RBI) has increased the UPI payment limit for hospitals and educational institutions to Rs 5 lakh from Rs 1 lakh. The central bank has also hiked the cap for e-mandates...

The Reserve Bank of India (RBI) has kept the benchmark interest rate unchanged at 6.5%, hiked GDP growth projection to 7% for the current fiscal, and proposed to enhance UPI transaction limits for...