Confusing Bank Ac validation message

Hi,

I know it's a TECHNICAL GLITCH but can someone help me understand the implications of this glitch?

See the screenshot. The union bank account has been validated & evc enabled on IT portal, yet when I see the details of bank account therein, it says Verification Failed at the bank! I have re-tried by logging to eportal from union bank internet banking but same result.

I don't know if this will impact refund processing?

Thanks.