Mon, Aug 01, 2022
The new rule has been introduced in order to ensure the safety of customers' accounts dealing with high-value transactions. The bank believes that its Positive Pay System will help to check any cheque frauds.
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Fri, Mar 11, 2022
A cheque is one of the most safest ways to transfer money. Did you know that different numbers on a cheque reveals a lot of information about the bank, cheque and the issuer. Here is all you need to know.
Wed, Feb 09, 2022
Even though there are a lot of payment options available in today's time, cheque payment is still considered a safer way. However, a cheque, if bounced can be considered as a criminal offence. In many cases, a penalty has to be paid but did you know that it can also result in severe punishment as well?
Tue, Mar 16, 2021
In a major development, the Reserve Bank of India (RBI) has asked banks to implement the image-based Cheque Truncation System (CTS) in all branches by September 30.
Tue, Jan 05, 2021
New RBI Cheque Rule: The Reserve Bank of India (RBI) has introduced a new rule for cheque payments from January 1, 2021.
Mon, Dec 14, 2020
The Reserve Bank of India (RBI) has decided to introduce a new rule for cheque payments from January 1, 2021.
Sun, Dec 13, 2020
A new rule for cheque payments is all set to come into effect from 1st January, 2021.
Mon, Sep 28, 2020
In order to check banking fraud, the Reserve Bank of India has decided to introduce from January 1, 2021, the 'positive pay system' for cheques.
Sun, Sep 27, 2020
In order to check banking fraud, the Reserve Bank of India has decided to introduce from January 1, 2021, the 'positive pay system' for cheque.
Thu, Aug 06, 2020
"With COVID-19 infections rising unabated under fragile macroeconomic and financial conditions, we propose to undertake additional developmental and regulatory policy measures to augment customer safety in cheque payments," RBI Governor Shaktikanta Das said.
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