Friday, 14 May 2021

COVID-19’s second wave impact! Cheque bounce cases surge in April

The pandemic has hit significantly hit retail payments across the country, as the number of borrowers failing to pay their monthly EMIs has surged in April 2021. According to the National Payments Corporation of India’s (NPCI) data, 34.1% of auto-debit transactions facilitated via the National Automated Clearing House (NACH) failed in April 2021.

from Zee News :Business

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