Most cases end in settlement, not jail,' say lawyers, but ignoring the 15-day notice can trigger court action and credit damage ...

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 ...

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 ...

Depositing a cheque is now easier than ever. When you receive a cheque, depositing the payment turns that piece of paper into money that you can actually spend. The funds sit safely in your account, ...

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 ...

Cheques cost more than you think. Processing costs, payment fraud, time delays, delayed funding, and high cheque-cashing costs can turn your financial situation into a nightmare. Cheque processing is ...

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 ...

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 ...