Cheque Book

Continuous clearing of cheques to speed up payments, enhance efficiency

The cheques will be scanned, presented, and passed in a few hours and on a continuous basis during business hours

Top Reasons Why a Cancelled Cheque Matters for Your Current Account

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No GST on chequebooks for customers, only on bank buying from printer: FM

Also, there is no GST on crematorium, funeral, burial, or mortuary services, the minister said and explained the Goods and Service Tax has been levied on the construction of new crematoriums.

PNB customers must give details of high-value cheques before clearance

To sensitise its customers against high-value cheque frauds, Punjab National Bank urged them to submit details about cheques at least a day before clearance under Positive Pay System (PPS) framework.

Seven merged banks to see cheque book changes from April 1

The banks affected by these changes are Dena Bank, Vijaya Bank, Corporation Bank, Andhra Bank, Oriental Bank of Commerce, United Bank and Allahabad Bank.

Stay vigilant against risk of cheque fraud

Mansinghka had been remiss in allowing a stranger to write the cheque. Disappearing magic ink was used which allowed the fraudsters to alter amount and payee name

Explained: How RBI's positive pay system safeguards cheque transactions

While it will make payments via cheques safer, it will also make the process a tad cumbersome, especially for people who issue high-value cheques frequently but are not tech savvy

Retail cheque payments down to a trickle in FY20 to 2.96%: RBI data

That the efforts towards digitization have been very successful is clear from the steady fall in the share of paper clearing

Don't fret! FinMin assures it's not scrapping cheque books anytime soon

There have been reports that Centre may withdraw the facility in the near future, with an intent to encourage digital transactions