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@premier3092 https://indianexpress.com/article/explained/explained-why-auto-payment-for-ott-platforms-may-not-go-through-from-april-1-7251728/ This article may help. Basically banks and merchants will take some time to comply with the new regulations. Until then, all mandates are being...

@premier3092 Most things would continue as before from what I understand. Only subscription above a certain value will need OTP. Personally, I find it useful since I won't have to keep track of all the subscription because I would be reminded a day before the payment and I can cancel them just...

@denisovic Could you please elaborate on these two statement? Did you mean to use the word 'borrow' instead of 'lend'? It seems to me that they might have to borrow to maintain reserve requirement, no? Also, you write that But if shitty loan go bust then banks will have its capital (and not...