Indian banks bounce rates lowest since Covid began

Bounce rates rates tracked by NPCIs e-NACH platform came in at 33.0% and 26.8% by volume and value respectively for the month of August. In July these figures were at 33.2% and 27.4% by volume and value. This was down from a high of 35.9% and 30.7% in volume and value, registered in the month of May.

from Banking/Finance-Industry-Economic Times https://ift.tt/2WZ7B9g