Browsing: Cheque Truncation System

Industries

RBI gave instructions to banks, on March 31, the bank will make special arrangements for check clearance

By Business KhabarMarch 29, 2021

Special measures have been taken for 2020-21 in the context of transactions related to annual account closure of Central and…

Industries

Now your check will be cleared immediately, this rule will be applicable in all banks till 30th September

By Business KhabarMarch 16, 2021

The Reserve Bank of India (RBI) has asked banks to implement the image based check truncation system in all other…