Acquisory Corporate News - October 2024
Chandni Ansari26 Nov, 2024Business
RBI issues circular w.r.t. crucial updates regarding the processing of emandates for recurring transactions. ▪ RBI has decided to make significant adjustment to transaction limits, the limit has been increased from INR 15,000 to INR 1,00,000/- per transaction. ▪ This increase applies to specific categories, namely a) subscription to mutual funds, b) payment of insurance premiums and c) credit card bill payments. The circular shall come to immediate effect.
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