The RBI in June raised the interchange fee for financial transactions from Rs 15 to Rs 17, while for non-financial transactions the increas...

Data 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 ...

NACH facilitates one-to-many credit transfers such as payment of dividend, interest, salary and pension. It also facilitates collection of ...

Hit 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...

NPCI says it regrets inconvenience caused to mutual fund investors

After reports of investors missing out on market rally due to technical glitches, the National Payments Corporation of India on Wednesday a...

NPCI upgraded its automated payment system on January 31 but problems with implementation resulted in investors not receiving the units the...

Due to an NPCI glitch, mutual fund investors failed to receive units they purchased on time, even as Sebi’s new mutual fund rules exacerbat...

The retail payments body has asked banks to implement both the emandate measures by June 30.

According to a Omidyar Network-BCG report, estimates of digital lending to MSMEs in India will go upto Rs 6-7 lakh crore by 2023.

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.

NACH is also helping the government to implement DBT schemes. It covers schemes like MNREGA, social security pension, old age pension, LPG ...

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...