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Mutual Funds: No OTP Needed For UPI Auto Payments Up To Rs 1 Lakh On SIPs, Insurance Prem, Credit Cards

The Reserve Bank of India (RBI) announced on Friday, December 8, an increase in the transaction limits for the Unified Payments Interface (UPI) and e-mandates. The move is expected to facilitate smoother and larger payments in crucial sectors. In its bi-monthly ...

What Is E-mandate Facility For Mutual Funds By NSE?

To simplify the process of registration for SIPs for the end-customers as well as mutual fund distributors and members, NSE on Thursday introduced the aadhaar backed e-mandate facility with immediate effect. The procedure shall reduce the time involved in SIP registration ...