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April 10, 2024
Auto-debit bounces above 30% in November : Rashtra News #Autodebit #bounces #November In terms of value, the bounce rate on auto-debit requests stood at 25.16%, slightly worse than 24.83% in October. The bounce rate on auto-debit transactions remained above 30% in November, unchanged from 31.2% in the previous month. The failure rate of such transactions,
May 19, 2023
The proposal formed part of the budget. The tax rate has been raised from 5 per cent to 20 per cent for all payments under LRS without any minimum threshold
October 1, 2021
New auto-debit rules constructed by the Reserve Bank of India (RBI) came into effect on Friday (October 1). The update is believed to impact lakhs of customers who have already opted for recurring online transactions. Banks and merchants are, however, working hard to follow the norms.
September 30, 2021
ஆட்டோ டெபிட் வசதி; நாளை முதல் மாறுகிறதுAuto Debit, Monthly Bills, EMI, ஆட்டோ டெபிட், மாதாந்திர பில்கள், தவணை, - Dinamalar Tamil News
September 30, 2021
कल से कई नियमों में बदलाव होने वाला है। इसका सीधा असर रोजमर्रा के जीवन पर पड़ेगा। नए नियम लागू होने से वित्तीय, बैंकिंग और शेयर बाजार से जुड़े नियमों में बदल जाएंगे। इसमें ऑटो डेबिट, बैंकों की �...
September 16, 2021
Payments infrastructure startup Xendit has become a Southeast Asian unicorn, securing $150 million Series C funding, after its Philippines launch last year. XENDIT-LOGOArtboard-1@2x Tiger Global Management led the round and existing investors - Accel, Amasia, and Justin Kan’s Goat Capital, als
June 10, 2021
Surabhi Mumbai | Updated on × Of the total auto debit transactions of 8.57 crore in May this year, 3.08 crore were returned Hit by the second wave of the Covid-19 pandemic and lockdowns, stress amongst borrowers seems to be on the rise, though it is lower than what was seen in the first surge of the pandemic. Data captured by the National Payments Corporation of India from its National Automated Clearing House (NACH) platform reveals that the number of unsuccessful auto debit requests increas...
June 4, 2021
Currently, any auto-debit instructions given by the account holder does not get processed on days the bank is closed like Sundays, bank holidays and gazetted holidays. Also, because most companies use NACH for salary credits etc these also do not happen on bank holidays.
May 23, 2021
Pradhan Mantri Suraksha Bima Yojana: Rs 12 To Be Deducted From Bank Account Before May 31 Pradhan Mantri Suraksha Bima Yojana: Rs 12 To Be Deducted From Bank Account Before May 31 Under it, due to accidental death, the nominee gets Rs two lakh, while in case of partial disability an amount Rs one lakh is given. Due date for payment of annual premium for Pradhan Mantri Suraksha Bima Yojana is nearing All beneficiaries of Pradhan Mantri Suraksha Bima Yojana will have to be ready to pay the a...