RBI allows e-mandate for auto-replenishment of FASTag, NCMC, Legal News, ET LegalWorld
The Reserve Bank on Thursday modified its e-mandate framework and allowed auto-replenishment of FASTag and National Common Mobility Card (NCMC). The current e-mandate framework requires a pre-debit notification at least a 24-hours before the actual debit from the customer’s account. In June, the RBI announced that auto-replenishment of balances in FASTag and NCMC, which are […]