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COMPLIANT CHEQUES
How KYC process works in mutual fund investingFor mutual fund investors, it is important to keep the information like address, mobile number and bank details in KYC records updated. To ...
Positive pay system for cheque payments to come into effect from January 1, 2021: RBIUnder the positive pay system, the issuer of the cheque will be required to submit electronically, through SMS, mobile app, internet bankin...
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.
How to start an SIP online in three simple stepsSIP is a tool that helps you to invest regularly in MFs. You can start a SIP with a frequency of your choice: daily, weekly, monthly, quart...
Government announces measures to ease cash crunch for farmersFarmers will be able to withdraw up to 25,000 Indian rupees per week against their crop loans, Economic Affairs Secretary Shaktikanta Das t...
RBI makes SMS alerts for cheques mandatoryRBI has also asked banks to alert a customer with a phone call and obtain confirmation when dealing with suspicious or high-value cheques.
RBI asks banks to alert customers in high value cheque paymentThe RBI asked banks to alert account holders by a phone call and contact the base branch in case of non-home cheques before clearing high v...
Ensure you are entitled to get MF consolidated account statementMutual fund investors are entitled to receive a consolidated account statement (CAS) at the end of every month.
Tips to replace non CTS-2010 compliant chequesThe advent of CTS-2010 compliant cheques will make the existing cheques invalid from 31 July 2013.
- ET in the Classroom: Freezing of Bank Accounts
What happens when bank accounts are frozen? ET explains the meaning of such an action and its impact.
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...
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...
Govt clarifies position on bounced chequesNEW DELHI: The government on Wednesday asserted that the dishonouring of cheques for insufficiency of funds in the account continued to be ...