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UPI payment failed but money debited? Banks must refund and pay ₹100 per day compensation under RBI rules

UPI payment failed but money debited? Banks must refund and pay ₹100 per day compensation under RBI rules

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The Reserve Bank’s framework on turnaround time and customer compensation for failed transactions sets clear deadlines. Here is all you need to know.

✦ Single Source 1 news outlet reporting

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Center-Right / Right 1 (100%)

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