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ECS: The smooth way to pay recurring bills
This system frees you from various kinds of hassles, like giving a cheque and remembering payment dates. Besides this, when you take a loan, then its
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Auto debit bounces in October at pre-Covid level
The unsuccessful auto-debit requests through the NACH platform are referred to as bounce rates in general
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Auto debit bounce rate falls sharply in September
Bounce rates that are decreasing suggest that the system is under less stress and that collection rates impacted by lockdown are improving.
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NACH auto-debit bounce rate declines marginally in July
The auto-debit bounce rate marginally decreased after remaining high for the previous three months.
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Financial changes effective from August 1: Take a look
High ATM charges to salary on Sundays to high charge of doorstop banking, key changes are waiting for you
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No holiday for salary, pension or EMI payments from Aug 1
Besides NEFT and RTGS, gross payment facility NACH will be available 24X7, RBI had announced.
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RBI unveils sleepless digital transactions
The common man’s experience will shape the future of digital financial transactions in this country
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National automated clearing house to be available on all days from Aug 1: RBI
NACH, a bulk payment system operated by the National Payments Corporation of India (NPCI) facilitates one-to-many credit transfers such as payment of
