JUST IN
Select lender that will offer amount needed to buy chosen property
Use data on education loan defaults to rank courses
Not just car, get a good deal on auto loan as well, advise experts
Prepay home loan to tackle 190-bps rise in repo rate since May: Experts
Applying for a digital loan? Stick to loan apps on RBI's white list
Term plan works better for covering home loan liability, say experts
Loans against sovereign gold bonds may help reduce borrowing cost: Experts
Personal retail loan disbursements rise 42% at end-March 2022: Study
Parents' income, child's record count in getting education loan: Experts
After rate hike, ask your lender to increase home loan EMI, not tenure
You are here: Home » PF » News » Loans
Govt keeps interest rates on small savings schemes unchanged for Q3FY22
Decoded: Should you try peer-to-peer lending to maximise your returns?
Business Standard

Prevent auto-debit failures by registering once again, say experts

If bank and service provider are not compliant, pay manually, or give standing instruction linked to bank a/c

Topics
RBI | debit card payment | UPI transactions

Bindisha Sarang 

Mobile wallets may lose 40% users as KYC deadline ends
EMIs paid from current accounts will also not be affected.

The Reserve Bank of India (RBI)-mandated changes to auto-debit rules have come into effect from today (October 1). There is a possibility that many of your recurring auto-debit payments may not go through.

TO READ THE FULL STORY, SUBSCRIBE NOW NOW AT JUST RS 249 A MONTH.

SUBSCRIBE TO INSIGHTS

What you get on Business Standard Premium?

  • icon Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • icon Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • icon Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
  • icon Pick your 5 favourite companies, get a daily email with all news updates on them.
  • icon 26 years of website archives.
  • icon Preferential invites to Business Standard events.
OR

Subscribe to Business Standard Premium

Exclusive Stories, Curated Newsletters, 26 years of Archives, E-paper, and more!

Insightful news, sharp views, newsletters, e-paper, and more! Unlock incisive commentary only on Business Standard.

Download the Business Standard App for latest Business News and Market News .

Read our full coverage on RBI

First Published: Thu, September 30 2021. 20:23 IST

`
RECOMMENDED FOR YOU
.