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Daybreak — Your missed SIP could be making banks tens of crores every month
Scout ratingSCOUT· 23%17m·2026-04-19·News Politics

Your missed SIP could be making banks tens of crores every month

Daybreak · 731

When your SIP bounces, your bank charges you Rs 500. The mutual fund that missed the investment? Charges you nothing. That gap is not an accident. In this piece, The Ken's Mutasim Khan traces how India's banks have quietly turned missed SIP debits into a revenue line — one that costs them roughly Rs 25 to process, and…

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