The National Payments Corporation of India (NPCI) said on Wednesday it's working with banks and fintech intermediaries to resolve the glitch in its upgraded automated clearing system that led to mutual fund transactions of hundreds of thousands facing delays or even failing in the past 10 days. The umbrella entity, responsible for enabling a major chunk of the retail digital transactions in India, tried to reassure the investor community a day after ET reported that many investors missed out on the post-budget rally due to faults in NPCI's technology.
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