The newly redefined and standardised cheque for the banking system has taken off. The new cheque rule took effect on January 1, 2021. The Central Bank of Nigeria (CBN) had approved a cheque standard ...
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 ...
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Is writing cheques in black ink no longer valid? RBI's new rule explained
Rumors are circulating that the RBI has issued an order invalidating cheques written in black ink. Is this true? Let's find ...
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