Transfer of money to wrong UPI number: There might be a situation when a particular mobile number which was linked with unified payment interface (UPI) got deactivated and got allocated to another individual who in turn has linked the said mobile number with his bank account. This can result in unintentional transfer of money to another individual.
India Business News: Money transferred to a wrong UPI account? Sending money through Unified Payment Interface (UPI) is convenient, but mistakes can happen, resulting in funds being transferred to the wrong recipient. Legal experts advise that to recover money transferred to the wrong recipient, you must prove the transfer was unintentional. Once proven, the bank is responsible for reversing the transaction.
While the market for satellite broadband currently is small, the potential is large as an estimated 30 per cent of the country does not have reliable terrestrial broadband services.
Vodafone Idea: In the original draft, it was contemplated that such charges could be waived off in certain situations in the interest of consumers, ensuring competition, reliability and continued supply of telecom services, or availability of telecom network or telecom infrastructure in India.
India Business News: The Telecommunication Bill of 2023, awaiting the President's assent, introduces biometric authentication for mobile SIM cards. The bill mandates biome