RBI Extends Deadline for Recurring Online Transactions Rule by 6 Months Until September 30 | Technology News
RBI Extends Deadline for Recurring Online Transactions Rule by 6 Months Until September 30 The Reserve Bank of India (RBI) on Wednesday extended the deadline for implementing the new framework for processing recurring online transactions until September 30. It was believed to disrupt auto-payments of mobile, utility, and other bills and subscription charges of over-the-top (OTT) platforms.
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