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NPCI NACH
Data breach exposes 2.73 lakh bank recordsAn unsecured cloud server exposed hundreds of thousands of bank transfer records, revealing names, bank account details, and contact inform...- Faster salary credit, SIP debit, EMI payment and more under new NACH 3.0 system by NPCI from July 2025, know moreStarting from July 2025, the NACH 3.0 system can bring faster salary credits, EMI payments, and mutual fund SIP processing. NPCI's update i...
- MF, SIP, loan, insurance NACH mandate cancellation to be easier: NPCI sets deadline for banks to provide facility or else…..The NPCI has found that just a few banks have implemented the online Cancel Amend/ Suspend & Revoke (CASR) facility for NACH mandates given...
- RBI's new rules on interchange fee, 24/7 bulk clearing facility functionalThe RBI in June raised the interchange fee for financial transactions from Rs 15 to Rs 17, while for non-financial transactions the increas...
- Cheque bounces hint at asset stress at NBFCsData from NACH, a clearing service for interbank transactions run by the NPCI, show that bounce rates for May 2021 was at 30.7 per cent in ...
- National Automated Clearing House to be available on all days from August 1: RBINACH facilitates one-to-many credit transfers such as payment of dividend, interest, salary and pension. It also facilitates collection of ...
- ETtech Exclusive: NPCI bulks up for one billion transactions per dayHit by several snags of late, NPCI aims to finish IT upgrades of all four transaction channels—UPI, IMPS, AePS and NACH—amid a surge in dig...
- Working with banks, fintech companies to resolve mutual fund glitch: NPCINPCI says it regrets inconvenience caused to mutual fund investors
- NPCI admits to teething issues that caused trouble for MF investorsAfter reports of investors missing out on market rally due to technical glitches, the National Payments Corporation of India on Wednesday a...
- Mutual fund investors miss bull rally because of technical glitchNPCI upgraded its automated payment system on January 31 but problems with implementation resulted in investors not receiving the units the...
- NPCI Glitch: Mutual fund investors miss Sensex, Nifty bull rallyDue to an NPCI glitch, mutual fund investors failed to receive units they purchased on time, even as Sebi’s new mutual fund rules exacerbat...
- RBI eMandate nod paves way for auto-debits by fintech firmsThe retail payments body has asked banks to implement both the emandate measures by June 30.
- The future of Aadhar and eKYC-based solutionsAccording to a Omidyar Network-BCG report, estimates of digital lending to MSMEs in India will go upto Rs 6-7 lakh crore by 2023.
- NPCI urges banks, corporates to adopt e-mandateMany financial technology companies were entirely dependent on Aadhaar-based electronic KYC, which was a quick, cheap and secure way to ver...
- eNACH suspension may pinch digital lendersDigital lenders are set to see operational costs increase as they will no longer be able to use a completely paperless model for automated ...
- ET in the Classroom: Investing in Fund SIPs Using NACHNACH is a onetime registration process which allows an investor to register systematic investment plans (SIPs) in MFs.
- New milestone: National Payments Corporation of India gets 1,000 banks on its networkNACH is also helping the government to implement DBT schemes. It covers schemes like MNREGA, social security pension, old age pension, LPG ...
- 5 smart things to know about migration of banks from ECS to NACHMigration of banks from ECS to NACH will considerably reduce the turnaround time for activation of ECS mandates and simplify Aadhar-based b...
- NACH speeds SIP registration time to 10 daysFrom March, ECS mandates used for doing SIP will be replaced by NACH a new system of clearing. NPCI has implemented NACH.
- Polaris Financial Technology launches payment solution for Indian marketPolaris Financial Technology Limited's iGTB division has announced the launch of its NACH-ready India Payments solution, compliant with maj...
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