लाइव न्यूज़

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As per RBI guideline on Harmonisation of Turn Around Time (TAT) and customer compensation for failed transactions using authorised Payment Systems, for failed UPI transactions, if the bank is unable to credit the beneficiary account, auto reversal (R) by the Beneficiary bank latest on T + 1 day, Rs 100 per day penalty will be paid if delay is beyond T + 1 day.