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Tag "National Automated Clearing House"

RBI allows 24×7 bulk payment system for uninterrupted DBT

RBI allows 24×7 bulk payment system for uninterrupted DBT

🕔12:33, 4.Jun 2021

Mumbai, June 4  In order to ensure seamless and uninterrupted transfer of government subsidies to beneficiaries, the RBI on Friday permitted availability of National Automated Clearing House (NACH) on all days of the week. NACH, a bulk payment system operated

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