Sunday, October 17, 2021

Auto debit bounce rates for loan EMIs come down

In signs that asset quality is on the mend, the NACH debit bounce rates by value for September came in at their lowest level since the pandemic began. Data from NACH, a clearing service for interbank transactions run by the NPCI, show that bounce rates reduced 130-140 basis points month-on-month.

from Personal Finance News-Wealth-Economic Times https://ift.tt/2XkMizq

No comments:

Post a Comment