The new system was part of the RBI’s broader effort to modernise cheque-based transactions and reduce settlement delays for ...
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Why your cheque bounces even when money is in the account
Lien marking reduces usable balance despite healthy account totalsECS debits and cut-off timings often trigger unexpected ...
Have you exhausted all the cheque leaves of your State Bank of India (SBI) cheque book and want to apply for a new one? Are you worried that currently you are not at your registered address? So how to ...
RBI on Wednesday postponed phase 2 of its nationwide faster cheque clearance system, citing banks’ lack of operational ...
The RBI has extended the deadline to implement the second phase of faster clearance of cheques. Hence, customers can continue ...
Phase 1 of the system, which was implemented earlier this year, will continue to operate as usual. The RBI further stated ...
How Canadians interact with money - both physical and digital - is changing as financial technology evolves. The options available to Canadians to make payments have never been more plentiful: from ...
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