In an “unfortunate” incident, an upgrade to the National Automated Clearing House (NACH) system earlier this month left many mutual fund investors in the...
The ‘bounce rate’ on auto-debit transactions, or auto-debits that did not clear, has remained elevated over the last few months. Between April and October...
Customers of seven banks can now issue standing instructions for recurring payments online, through the National Payment Corporation of India’s (NPCI) National Automated Clearing House...