All posts tagged "CTS"
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86MUST KNOWCheque Clearance In Just A Few Hours –Here’s All About RBI’s Latest Announcement
RBI has proposed to transition Continuous Clearing of Cheques under Cheque Truncation System (CTS) to continuous clearing with ‘on-realisation-settlement’, that will reduce...
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456BUSINESSWhat is Positive Pay System? This bank’s new rule for cheque payment comes into effect from today – All you need to know
Bank of Baroda cheque rule: Bank of Baroda has introduced a new cheque rule for its customers. Starting August 1, the bank...
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7.3KFINANCETo check banking fraud, RBI decides to do this – What you as bank account holder must know
In order to check banking fraud, the Reserve Bank of India has decided to introduce from January 1, 2021, the ‘positive pay...
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MUST KNOW
Bank cheque clearing process to get faster
Clearing of bank cheques is set to become faster. In its sixth bi-monthly monetary policy statement, the Reserve Bank of India (RBI)...
