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HC issues notice to RBI, NPCI over recipient-side e-payment control

1 sourceWednesday, August 26

A division bench of Justice Rajan Roy and Justice Manjive Shukla passed the order on August 24 on the PIL filed by Lucknow-based advocate Anupriya Agrawal. The petitioner has sought directions to the RBI to issue appropriate guidelines, within two months, providing a mandatory “Accept/Decline” option before an incoming payment is credited to the recipient’s bank account.

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