ecs return charges

In the digital economy, most payments like EMIs, insurance premiums, SIPs, utility bills, etc., are paid automatically nowadays. ECS or Electronic Clearing Service is mainly used for such auto-debits. This facility is a great boon for people; however, it has its flip side if you keep your...

Hello everyone, I need help in finding the relevant RBI notification or guidelines regarding banks notifying account holders about charges and insufficient funds. I had started six SIPs through the Groww app, which were supposed to be debited from my SBI account (my main operational account)...