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FASTER CHEQUE CLEARANCE
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...- BrahMos and beyond: How UP is becoming India’s defence capitalIndia's supersonic prowess is taking flight from Lucknow with the inauguration of a state-of-the-art BrahMos Aerospace Integration and Test...
- 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...
- 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...
- How much time does it take to clear a cheque?
- New bill riles online gaming; De minimis blow to Indian exportsHappy Wednesday! A new bill proposing a ban on real-money games has ruffled industry feathers. This and more in today's ETtech Morning Disp...
- How small-town mutual fund distributors built AUMs of hundreds of crores and a new class of equity investorsHow mutual fund distributors in India’s smaller towns rose from humble beginnings to managing hundreds of crores while quietly creating a n...
- Gaming cos’ talent rush; Eternal’s mixed Q1 reportHappy Tuesday! Indian gaming studios are increasingly seeking specialised talent. This and more in today’s ETtech Morning Dispatch.
- RBI's stance provides elbow room to check inflation, aid growth: ExpertsThe Reserve Bank kept the repo rate at 6.5% for the ninth straight time, focusing on moderating inflation while supporting economic growth....
- How to ready the documents needed for export shipmentThere is a host of paperwork needed to ship goods overseas. Becoming adept at organising the varied set of documents during the export proc...
- Unicorn valuations gallop in record time amid IPO rushFewer available assets, Covid-led growth, cheap liquidity accelerate valuation by 12-18 months
- Issuer will be able to send cheque’s picAccount-holders will soon be able to send to their bank the details of a high-value cheque they issue to third parties, which will enable s...
- Tracing the trajectory of the evolving MSME sector: Here’s what they need from a reliable financial partnerHow MSME's can tide over their financial woes and emerge as multinationals of the future.
- RBI to introduce pan-India CTS by Sept 2020 to make cheque clearing safer, fasterThe RBI is now planning to implement a pan-India Cheque Truncation System from September 2020.
- Bill to amend negotiable Instruments act likely in parliament sessionJaitley had said that "after cheque bounce, the litigation process is very complex and takes time. So, for traders with a bounced cheque, l...
- Government likely to amend Negotiable Instruments Act in monsoon session"We have worked out something. It will go for Cabinet approval and we are hoping to introduce it in the monsoon session," a senior finance ...
- Roads sector needed a positive approach for revival: Nitin GadkariI feel 90% of the projects were stalled because of the government either at the Centre or in states. Land acquisition was a problem.
- 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.
- ATMs will let you get cheques cleared, pay billsMany banks are now working to make the dumb ATMs smarter and banking simpler. The smart terminals, they expect, will combine the convenienc...
- Payout cheques deluge strains clearance systemThe rush for depositing dividend cheques by investors has led to a staggering of clearing operations of the Reserve Bank of India.
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