Tag: NCMC

RBI updates e-mandate framework to include auto-replenishment for FASTag and NCMC – CNBC TV18

[ad_1] The Reserve Bank of India (RBI) has announced a significant update to its e-mandate framework, expanding its scope to include the auto-replenishment of balances for FASTag and the National Common Mobility Card (NCMC). This move is aimed at streamlining recurring transactions that lack fixed periodicity. In its latest circular on Thursday, the RBI clarified […]

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