cheque

Bill to check piling up of cheque bounce cases moved in Lok Sabha

A Bill seeking to prevent piling up of cheque bounce cases in various courts and help the payee in the case of default, was introduced in Lok Sabha on Wednesday.

May 06, 2015, 18:14 PM IST

RBI makes SMS mandatory for high value cheque clearance

Reserve Bank has asked banks to alert account holders to send an SMS alert to payer/drawer when cheques are received for clearing.

Nov 07, 2014, 10:24 AM IST

Bank A/Cs not inoperative if dividend cheque credited in 2 years

The Reserve Bank Monday said bank accounts will not become inoperative if a dividend cheque has been credited in it in the previous two years.

Sep 01, 2014, 21:06 PM IST