Thursday, September 9, 2021

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.

source https://economictimes.indiatimes.com/industry/banking/finance/banking/indian-banks-bounce-rates-lowest-in-covid-pandemic-period/articleshow/86062038.cms

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