Dubai: UAE-based Indian expats depositing cheques into their Indian bank accounts will soon see a major improvement in how quickly their money becomes available. Starting October 4, 2025, the Reserve ...
Banks are introducing enhanced security features on cheque books, including alphanumeric codes. Customers should check their bank's latest instructions before using older cheque books for high-value ...
UPI (Unified Payments Interface) transactions have made life a lot easier by facilitating seamless and instant money transfers between banks. Despite these technological advances in payments, cheques ...
The RBI’s move to implement a continuous cheque clearing and settlement system has run into early hiccups, leaving bank customers waiting for more than two days for their cheques to be cleared, ...
Delhi has emerged as the ‘cheque-bounce capital’ of India, with over 5.55 lakh cases pending in trial courts under Section 138 of the Negotiable Instruments Act (NI Act). According to court statistics ...
Bouncing cheque refers to a situation where an individual fails to have his/her cheque honoured due to insufficient funds in the bank account or any other problem, for instance, wrong signatures. In ...