
The Telecom Regulatory Authority of India (TRAI) has initiated measures to combat spam and misuse of message headers by directing telecom companies to prohibit the sharing of specific links in messages starting September 1, 2024. This crackdown is part of a broader effort to enhance consumer protection against unsolicited communications. In parallel, the Reserve Bank of India (RBI) has unveiled a new cyber security framework for regulated entities and expanded its e-mandate framework to include auto-replenishment for FASTag and the National Common Mobility Card (NCMC). These developments reflect the Indian government's commitment to improving regulatory frameworks in both telecommunications and financial technology sectors, as the fintech industry continues to grow rapidly, driven by increased demand for digital payment solutions.
The Reserve Bank of India (#RBI) has announced that auto-replenishment of balances in #FASTag and National Common Mobility Card (NCMC), would be included under the e-mandate framework https://t.co/JTviG04NdW
#RBI expands e-mandate framework to include auto-replenishment for #FASTag and #NCMC https://t.co/Xbrnu3P0GV
RBI updates e-mandate framework to include auto-replenishment for FASTag and NCMC @sheersh0510 https://t.co/BEZpEX2mbJ