The cheque Truncation System (CTS) was initially scheduled to go live in June, but was pushed forward to August 15 following low compliance rate. This was attributed to printing constraints, which ...
The much-awaited operationalisation of the cheque truncation project has been pushed forward by two more months, following low compliance rate with the electronically designed cheques. The cheque ...
Hosted on MSN
RBI realtime cheque clearance system: Customers complain of delays; bank staff not fully trained
India’s new real-time cheque clearance system, introduced by the Reserve Bank of India to speed up payments, is facing early teething issues. Many customers have reported delays as the bank staff is ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results