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 ...
Plans to phase out cheques from 2018 have faced renewed criticism. Conservative MP Andrew Tyrie, chairman of the Treasury select committee, said the banks' approach had been "high-handed" and the ...
Cheques account for 0.2 per cent of non-cash retail payments in Australia. Australia will phase out cheques by 2030. Finland was among the first countries to eliminate cheques, doing so three decades ...
The Reserve Bank of India (RBI) in its Statement on Developmental and Regulatory Policies issued today has informed that the Cheque Truncation System (CTS), which is currently operational at the major ...
RBI has deferred Phase 2 of continuous cheque clearing to give banks more time, and modified presentation hours to 9 am-3 pm ...
The audio version of this article is generated by AI-based technology. Mispronunciations can occur. We are working with our partners to continually review and improve the results. Manitoba Premier ...
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