Banks will not take post dated cheques for EMI of any loan
Banks will no longer take post dated cheques for EMI of any loan. Banks are looking more to ECS and RECS. This mandat…
Banks will no longer take post dated cheques for EMI of any loan. Banks are looking more to ECS and RECS. This mandat…
Reserve Bank of India told the banks that the banks must issue to saving account holder. RBI notices that many banks d…
Banks need to compensate for delaying in the clearing of local cheque to the account holders. There is a bad practice …
Reserve Bank of India has review the charges on outstation cheque collection and speed clearing system. RBI has issued…
Reserve bank of India has reduced the validity of banking instrument cheque validity to 3 months from the date of issu…
Reserve Bank of India issued a notification that Demand Draft DD above rupees 20000 should be account payee and not for…
Reserve Bank of India has issued guidelines for the operation of prepaid instruments use in india with a circular numbe…
RBI/2009-10/ 273 DPSS.CO.No.1357/ 02.23.02/ 2009-10 December 24, 2009 A reference is invited to the guidelines append…
Reserve Bank of India (RBI) vide its Master Circular dated July 1, 2009 has advised all Scheduled Commercial Banks …
Dishonour of Cheques – Dealing with incidents of frequent dishonor Please refer to paragraph 15.4 of our Master…