As part of a €40m strategic investment by AIB in 127 of its 170 branches across the country, the bank is rolling out 60 new Cash and Cheque Lodgement (CCL) machines. The new CCL machines allow ...
Nigerian singer Fireboy DML has spoken candidly about his view on how people rate him and his music. Speaking in an episode of the 90s Baby podcast, the Peru hitmaker explained that he doesn’t care ...
Pune: Account holders and merchants continue to face delays in cheque processing under the newly implemented single presentation cheque clearance system, despite the National Payments Corporation of ...
During 2024-25, the RBI had added 54.13 metric tonnes of gold. The Reserve Bank of India has introduced real-time clearing of cheques. However, technology integration glitches, inadequate training of ...
Our insurance man arrived last weekend with the zeal of a preacher and the persistence of a spam caller. He sold my wife a plan — one of those glossy brochures masquerading as “financial freedom,” ...
Businessmen and individual customers of banks continue to face delays in cheque-clearance even 10 days after the introduction of the same-day cheque clearance facility introduced by the Reserve Bank ...
Delhi has emerged as the ‘cheque-bounce capital’ of India, with over 5.55 lakh cases pending in trial courts under Section 138 of the Negotiable Instruments Act (NI Act). According to court statistics ...
MUMBAI: The new cheque clearing system of the RBI with nationwide uniformity and much shorter time lag allowing credit/debit into/from an account within a few hours, is kicking in from today, October ...
Private banks, including HDFC Bank and ICICI Bank, have informed that they will start same-day cheque clearance from October 4, following the Reserve Bank of India's (RBI) updated settlement framework ...
RBI implements same-day cheque clearance from October 4. From October 4, banks will be clearing cheques the same day, as required by the Reserve Bank of India's updated settlement framework that aims ...
New Delhi, The Supreme Court on Friday said the mismatch between the amount written on a cheque and the subsequent demand notice on its dishonour was "fatal" for a case under the Negotiable ...
Court ruled defendant was liable for both the value of the cheques and compensation complainant told the court that the defendant wrote two cheques totaling Dh240,000 that were returned due to ...