Indian banks bounce rates lowest in August since Covid began

Indian banks bounce rates lowest in August since Covid began

Indian banks bounce rates lowest in August since Covid beganSep 9, 2021, 02:35 PM IST

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.

Bitcoin investors buy the dip as roller-coaster ride continuesSep 9, 2021, 09:04 AM IST

Experts attributed the 'flash crash' to a lack of liquidity in crypto markets, which could give disproportionate power to large holders, and the fact that crypto markets are sentiment-driven and lack proper regulation.

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