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CTS 2010
What is RBI's Cheque Truncation System (CTS): What is CTS-2010 Standard Cheque, are non-CTS cheques invalid?- RBI asks banks to implement image-based Cheque Truncation System in all branches by September 30The CTS is in use since 2010 and presently covers around 1,50,000 branches. All the erstwhile 1,219 non-CTS clearing houses (ECCS centres) ...
- RBI to introduce more security features for cheques via Positive Pay mechanism: Here's how it will workUnder Positive Pay mechanism, cheques will be processed for payment by the drawee bank based on information passed on by its customer at th...
- Today is last day for non-chip cards, saving on belated ITR fee, non-CTS chequesBefore you get into party mode, it is important that you finish these tasks for a hassle-free 2019.
- 5 financial tasks to do before December 2018 endsHere are five tasks you shouldn't miss before the end of December 2018 for a hassle-free new year.
- No clearance of non-CTS compliant cheques from January: Punjab National BankThis eliminates the cost of movement of physical cheques and reduces the time for clearance for better delivery of services to customers.
- Follow uniform holiday calender for CTS cheque clearing: RBI"The CTS centres in New Delhi, Chennai and Mumbai will adopt RTGS holidays as uniform holidays for the respective grid," RBI said.
- Tips to replace non CTS-2010 compliant chequesThe advent of CTS-2010 compliant cheques will make the existing cheques invalid from 31 July 2013.
- Non-Cheque truncation system cheques valid until JulyCheque truncation system (CTS) refers to RBI’s plan to discontinue routing paper cheques all the way from the drawee’s bank branch to the i...
- RBI extends deadline for issuance of new format chequesThe RBI asks banks to issue new cheque books only under the new format and gave them time till July-end to withdraw the old format cheques.
- ET in the Classroom: Why you need CTS cheques?rom April 1, your cheque book will become invalid if it is not CTS 2010-enabled. Here's why.
- NRIs, get ready to order new India cheque booksRBI has introduced a new format for cheques, the CTS-2010 Standard as part of its measures for enhancement of security features.
- NBFCs allowed to migrate to new standard cheques till March 2013Borrowers from NBFCs have now time till March 31 to replace their old system bank cheques with new ones with added security features for th...
- RBI extends cheque upgradation deadline till March next yearBank customers do not need to discard their non-CTS 2010 standard cheque books in a hurry to get their multi-city CTS-2010 standard cheque ...
- Check your cheque status, only those in new format will be honoured from January 1Get a new cheque book before the New Year. Here are the features of new cheques & what you need to do before the year ends.
- RBI to NBFCs: Replace post-dated cheques with standardised normRBI asked non- banking financial companies to replace post-dated cheques issued to them by customers with new standardised cheques with imp...
- SBI to accept cheques conforming to new standards from Jan 1To meet the objective, SBI has asked all its branches to issue only with uniform features conforming to CTS 2010 standard cheques to their ...
- RBI asks banks to issue cheques with uniform features by September 30The Reserve Bank today directed all banks to issue cheques with uniform features conforming to Cheque Truncation System (CTS) 2010 standard...
- RBI asks banks to issue Cheque Truncation System 2010 standard cheques from April 1RBI today directed all banks to issue cheques conforming to CTS 2010 standard with uniform features from April 1, 2012, onwards.
- GM recalling 20K Cadillacs to replace glove boxGeneral Motors said on Monday it was recalling more than 20,000 Cadillac CTS and CTS-V vehicles to replace a glove compartment box that cou...
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