Same Day Cheque Clearing Rule: Aligning with the Reserve Bank of India’s (RBI) new guidelines on quick clearing and settlement of cheques, HDFC Bank has announced that starting October 4, 2025, ...
Private banks, including HDFC Bank and ICICI Bank, have informed that they will start same-day cheque clearance from October 4, following the Reserve Bank of India's (RBI) updated settlement framework ...
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 ...
To make cheques safer, the Reserve Bank of India (RBI) has asked banks to implement a system called Positive Pay from January 2021. The system adds an extra layer of security to reduce cheque-related ...
To protect customers from fraudulent payment of cheques, one of the largest public sector banks, Punjab National Bank (PNB) on Friday made Positive Pay System (PPS) compulsory for cheque payments ...
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