During 2024-25, the RBI had added 54.13 metric tonnes of gold. The Reserve Bank of India has introduced real-time clearing of cheques. However, technology integration glitches, inadequate training of ...
A void cheque is one that has been rendered invalid by writing "VOID" across it. Voided cheques are often used to transmit banking details for the purpose of making an electronic transaction. Many or ...
If you use cheques for financial transactions, it’s crucial to stay updated on the new rules regarding cheque bounce cases, which came into effect from April 1, 2025. In response to the rising number ...
The Indian financial landscape has a variety of payment and fund transfer modes now—from cash, to debit and credit cards to mobile apps like Paytm—but for most of us, cheques remain an integral part ...
A cheque is a written document instructing a bank to debit your account and pay someone. Cheques represent a major chunk of all non-cash payments for each year. Hundreds of millions of paper cheques ...
Keep the chequebook in a safe and secure place to prevent it from getting lost or stolen. Signing a cheque? It is important to be cautious before doing it due to the legal and financial implications ...
On June 22 last year, the Reserve Bank informed banks that from December 1, 2010, all cheques cleared under the image-based cheque truncation system (CTS) should be free of any alteration, correction ...
One can issue a chequebook net banking services by the bank, ATM of the bank where you hold your account, SMS and bank applications. On an average, you should get your chequebook at your doorstep in ...