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Launched in 2016 by the NPCI, National by the NPCI, National
Launched in 2016
Automated Clearing
Automated Clearing House (NACH) service House (NACH) service
facilitateselectronic
facilitateselectronicautomationofinter-bankhigh automationofinter-bankhigh
volume, low-value debit and credit transactions.
volume, low-value debit and credit transactions.
13% CAGR
13% CAGR
growth in volume of transactions since 2018
growth in volume of transactions since 2018
384 crores
384 crores
of transactions in F
of transactions in FY 2021-22Y 2021-22
22% CAGR
22% CAGR
growth in value of transactions from
growth in value of transactions from
FY 2017-18 FY 2017-18
Source: NPCI Source: NPCI
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