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RBI Extends Deadline for Recurring Online Transactions Rule by 6 Months Until September 30 - YouTech it solutions

RBI Extends Deadline for Recurring Online Transactions Rule by 6 Months Until September 30

31Mar 2021 by admin
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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