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Nat'l automated clearing house: How it is a faster payment route

A new electronic payment mandate is about to change the way your automated bank debit transactions work. The National Payment Corporation of India's latest flagship programme, the National Automated Clearing House or NACH is being rolled out across the country.

August 10, 2016 / 22:32 IST
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A new electronic payment mandate is about to change the way your automated bank debit transactions work. The National Payment Corporation of India's latest flagship programme,  the National Automated Clearing House or NACH is being rolled out across the country. While it promises to cut down the time to start mutual fund SIPs, the transition is throwing up plenty of challenges. CNBC-TV18's Yash Jain and Arundathi Ramanan report.

first published: Aug 10, 2016 10:19 pm

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