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CHEQUE CLEARING SYSTEMS
Hong Kong-based son gets tax notice after father buys insurance policy in his name with cash; he fights back and wins case in ITAT MumbaiAn NRI in Hong Kong faced an income tax dispute after withdrawing cash from his NRE account to give to his father. The father used this mon...- Trump's toughest immigration opponent isn't the Democrats. It's the courtsDonald Trump's push to reshape US immigration policy repeatedly ran into resistance not from Democrats, but from the courts. From DACA and ...
- BPO jobs have no future? Woman who started with Rs 25,000-a-month shares 7 lessons that helped her land a job at AmazonHyderabad woman Amazon job: A Hyderabad woman has shared how her first job at a BPO, where she earned Rs 25,000 a month, played a key role ...
- Funds are won or lost on operational rigour, not just deal-making: Artha Group COOAs venture capital matures beyond the era of easy money and momentum investing, operational discipline is becoming as important as deal-mak...
- Issuing cheque above Rs 20 lakh? Positive Pay System now mandatory from April 24 in this bank
- RBI postpones 2nd phase of quicker cheque clearing mechanismThe Reserve Bank has postponed the second phase of its faster cheque clearance system. This move provides banks more time to adjust their o...
- Some teething issues persist in new cheque clearing system: NPCIThe National Payments Corporation of India has acknowledged certain hurdles with the recently implemented continuous cheque clearing system...
- Continuous cheque clearing hits roadblocks, customers face long waitsA new cheque clearing system, intended for same-day clearance, is facing significant delays and rejections due to initial technical glitche...
- NPCI confirms smooth operation of RBI’s real-time cheque clearing systemThe Reserve Bank of India's new T+0 cheque clearing system is now stable. Initial problems encountered during the transition have been reso...
- Banks facing teething problems with faster cheque clearance system, say unionA bank employees' union has raised concerns about the new same-day cheque clearing system, citing software glitches and inadequate staff tr...
- RBI’S real-time move: Glitches mar new cheque clearance systemThe Reserve Bank of India's new real-time cheque clearance system is experiencing glitches, with customers reporting delays due to inadequa...
- How RBI’s new cheque system from Oct 4 will put money in your account on same dayNew cheque clearing rules explained: India's cheque clearing will transform from October 4, 2025, moving to continuous processing. This sig...
- ICICI Bank to clear cheques same day from October 4, 2025: What customers must knowCheque clearance: ICICI Bank said that its latest move will ensure quicker fund availability, greater convenience, and reduced delays. ICIC...
- Banks to clear cheques within few hours from Oct 4: RBIReserve Bank of India will launch a faster cheque clearing system. This new system aims to clear cheques within hours. The current process ...
- Money markets to remain open on all Saturdays: RBIWith government declaring the second and fourth Saturdays as public holiday for banks from September 1, RBI said that all money market segm...
- RBI for two-stage verification for online banking transactionsWorried over rising number of frauds in online banking, the RBI has suggested that banks introduce two-stage authentication.
- 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.
- Alert: RBI clarifies on honouring of cheques with alterationsRBI has clarified that its directive to banks, asking them not to honour cheques with alterations, will be applicable only for cheques clea...
- NCR signs pact with SBI, 15 other banksGlobal technology company, NCR Corporation, has signed an agreement with the country's largest commercial bank State Bank of India and 15 o...
- No outsourcing of cheque clearing system of RBIThe Government on Friday allayed the apprehensions of RBI employees over outsourcing of cheque clearing work, saying there is no such propo...
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