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Sunday, April 4, 2021

Year-end pressure hits fund transfers via IMPS, UPI in millions

Bank systems were clogged due to year-end system maintenance. Transactions were delayed for more than 24 hours, which otherwise would have been possible in a few seconds. Customers of top banks with large retail interfaces are said to have suffered the most.

from Banking/Finance-Industry-Economic Times https://ift.tt/3rKmyG1

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