Investors can automate payments for mutual fund SIPs, utility bills, and other recurring transactions through NACH mandates, UPI auto-debit...

The Reserve Bank of India has introduced an auto-bidding facility for investing in Treasury Bills (T-bills) through the RBI Retail Direct p...

Starting from July 2025, the NACH 3.0 system can bring faster salary credits, EMI payments, and mutual fund SIP processing. NPCI's update i...

The NPCI has found that just a few banks have implemented the online Cancel Amend/ Suspend & Revoke (CASR) facility for NACH mandates given...

Reserve Bank of India has enabled payments through National Automated Clearing House (NACH) in the Retail Direct Website. Now an investor c...

Earlier, perpetual SIP had no end date. This will be effective from October 1, 2023. This is as per a circular issued by the National Autom...

Canara Bank updated its service fees for a number of financial and non-financial transactions carried out through Bank BC agents and other ...

Governor Shaktikanta Das said it will increase National Automated Clearing House (NACH) mandate limit for Trade Receivables Discounting Sys...

Currently, any auto-debit instructions given by the account holder does not get processed on days the bank is closed like Sundays, bank hol...

Many financial technology companies were entirely dependent on Aadhaar-based electronic KYC, which was a quick, cheap and secure way to ver...

Digital lenders are set to see operational costs increase as they will no longer be able to use a completely paperless model for automated ...

NACH is a onetime registration process which allows an investor to register systematic investment plans (SIPs) in MFs.

Typically, a first-time customer fills an application form and a NACH mandate which is a request to the bank to debit his SIP instalment ev...

All new SIPs have moved from Electronic clearing service (ECS) mandates to NACH mandates since April this year.

Migration of banks from ECS to NACH will considerably reduce the turnaround time for activation of ECS mandates and simplify Aadhar-based b...

From March, ECS mandates used for doing SIP will be replaced by NACH a new system of clearing. NPCI has implemented NACH.

Polaris Financial Technology Limited's iGTB division has announced the launch of its NACH-ready India Payments solution, compliant with maj...