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While they're seen in numerous sectors, their significance shines particularly in investment banking , private equity, and corporate finance. In modern times, their usage has expanded, notably in sectors like investment banking and private equity , adapting to the dynamic needs of the financial industry. Why Retainer Fees?
In 2018, eMandate was introduced. API-based eNACH, more commonly known as eMandate, was introduced by NPCI around 2018. The NPCI mediates in case of any disputes or issues arising from such transactions and ensures compliance with the regulatory guidelines. eMandate simplified the process between service provider and customer.
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