Cheque Truncation System
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Business
Banks to clear cheques on same day from Oct 4 over RBI guidelines
Banks will verify these details upon cheque presentation. Cheques will be cleared if the information matches; otherwise, the request will…
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Business
Banks to clear cheques within few hours starting October 4: RBI
The Reserve Bank of India (RBI) has announced that bank cheques must be cleared within a few hours from October…