Auto-debit bounce rates for loan EMIs inch up in March
In an indication of rising stress in retail loans, auto-debits tracked by the National Automated Clearing House (NACH) platform of the National Payments Corporation of India (NPCI) inched up…
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Expect Hiccups in Auto-Debit Transactions as New RBI Rules Kick In
Auto-debit rules that were laid down by the Reserve Bank of India (RBI) in 2019 for recurring online transactions finally came into effect on Friday, October 1 — over two years after their…