"The study found that services such as the SMS alert after an account is debited, which is mandated by the RBI, are charged by many banks. Bank of India, for instance, charges for SMS alerts of payment OTPs," said Ashish Das, professor of statistics at IIT Bombay, and the author of the study.
India Business News: Stock market today: BSE Sensex and Nifty50, the Indian equity benchmark indices, opened in red but within minutes reversed losses to trade in green.
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