In a move that is likely to cause inconvenience in payment of monthly energy bills, the power utilities in Telangana – TGSPDCL and TGNPDCL – has asked all their consumers to make the payments through their official website or mobile app since payment through all payment gateways and banks has been stopped from Monday, July 1. End to use of …
The Reserve Bank of India has now extended the timeline for implementation of new guidelines for automatic payment system by six months. Previous reports had noted that the RBI had refused to grant an extension to banks following which banks started notifying customers about failure in automatic recurring payments from April 1. For transactions above Rs 5000, banks will also …