Rules are being implemented from 1st October and not just for credit cards, for ALL transactions that are autonomous.

Source: I live in India and got an sms from my bank stating the same.

This makes my netflix subscription easy to cancel.. usually I used to be lazy to go and cancel but every month my account goes on hold! That's a life saver as I'm saturated with netflix now and it's wrong to make everything bloody subscription.

Stripe have recently been sending out emails related to problems with recurring payments for customers in India, so I guess it's still an issue.