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CHEQUE BOOK STANDARDS
India to launch new cheque book rules from January 1, 2027? RBI clarifiesRBI has clarified that there will be no changes to the standard CTS cheque books in 2027. Social media messages claimed new cheque books wi...
Rs. 400 crore of ‘cash’ that existed only on paper: Not for the first time, nor will it be the lastWhen something is wrong inside a company, the people running it know first. The auditors may sense it next. A regulator might confirm it ye...
SIP or STP for PMS investments? Key differences, costs and risks investors should know before choosingThe rising inclination toward systematic investment plans (SIPs) for Portfolio Management Services (PMS) is becoming increasingly visible a...
Warren Buffett on 5 habits that feel like good investing but make you poorerBuffett offered a bet in public and then waited. Thousands of managers who have grown rich telling people they can beat the market did not ...
Warren Buffett's analysis was correct. His temper was not. The bill ran into billionsThere was no bad analysis, no misread of a balance sheet, no industry he failed to understand. The company he bought was superb and remains...
ET 40 Under 40 2026: Leaders say businesses must change before it's too lateCorporate executives emphasized the necessity of embracing proactive self-disruption as technology evolves and consumer preferences shift. ...
Buffett asks shareholders to ignore his profit figure. Then explains how he could fake itThe rule is simple and almost nobody thinks about it. When a business sours, the accounts mark it down. When a business thrives, the accoun...
We must resolve to transform all defence PSUs into global giants: Rajnath SinghDefence Minister Rajnath Singh stressed defence PSUs' vital role in national security imperatives. He urged them to prioritize timely deliv...
This bank has changed its name: Will its cheque book, passbook, card and IFSC code still work?RBI issued a notification on May 21, 2025, announcing the change of the name for North East Small Finance Bank Limited to 'slice Small Fina...
For greater transparency, EC pushes for reducing candidates' cash expenditure limit from Rs 10K to Rs 2KAccording to the EC's instructions, candidates have to open a separate bank account exclusively for election expenditure purposes, at least...
Coronavirus impact: Standard Chartered Bank customers can now make all service requests digitallyAccording to the bank's press release, requests ranging from checkbook requests and reporting of lost or stolen cards to a list of document...
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.
RBI directs banks to collect EMIs through electronic transfersAuto and home loan borrowers need not pay post dated cheques towards EMIs as RBI has directed banks to collect monthly instalments through ...
Tips to replace non CTS-2010 compliant chequesThe advent of CTS-2010 compliant cheques will make the existing cheques invalid from 31 July 2013.
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.
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.
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.
- ET Wealth: Procedure for closing a bank account
It is advisable to close a bank account unless you expect a banking relationship in the near future.
- StanChart opens full-service branches in Jalgaon & Siliguri
Private sector lender Standard Chartered Bank has opened two full-service branches at Jalgaon in Maharashtra and Siliguri in West Bengal.