What Is eMandate: Meaning and How Does It Work?
Razorpay
MARCH 21, 2024
In 2001, you needed money and had to take a bank loan. The NPCI mediates in case of any disputes or issues arising from such transactions and ensures compliance with the regulatory guidelines. Issuing bank shares the status with NPCI, who in turn shares it status with the sponsor bank. All this in real-time!
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