Banks process nearly 2 mn e-mandates for auto-payment after RBI order
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Industry estimates recurring transactions at 2.5% of total volume, and 1.5% in terms of value. Of these, 75% domestic transactions, and 85% international are below Rs 5,000Banks process nearly 2 mn e-mandates for auto-payment after RBI order
Industry estimates recurring transactions at 2.5% of total volume, and 1.5% in terms of value. Of these, 75% domestic transactions, and 85% international are below Rs 5,000 Read more