Higher Debit Bounces In May Point To Retail Stress
The Times of India Mumbai|June 11, 2021
Mumbai: Bounce rates of payments made under their standing instructions to banks last month have been the highest ever for the month of May in the last five years in value terms.
Higher Debit Bounces In May Point To Retail Stress

According to data released by the National Payments Corporation of India (NPCI), debit bounce rates for the National Automated Clearing House (NACH) in May 2021 stood at 30.7%. In terms of the number of transactions, 35% of the debit transactions bounced.

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