/Your auto-debit payments for bills, subscriptions set to fail next month

Your auto-debit payments for bills, subscriptions set to fail next month

April will likely usher in a huge disruption for millions of bank customers used to making automatic recurring payments for a host of services, from mobile and utility bills to subscription charges for media content and over-the-top streaming services. Even companies such as Netflix and Amazon, Bharti Airtel and Vodafone Idea, Tata Power and BSES will be affected. This is thanks to the Reserve Bank of India’s (RBI) March 31 deadline for banks,

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