Cheque

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Cheque - Total results - 13
Leniency during COVID-19 is fine, but decriminalising Section 138 encourages financial crime, harms creditors' confidence and hurts economy
India

Leniency during COVID-19 is fine, but decriminalising Section 138 encourages financial crime, harms creditors' confidence and hurts economy

Decriminalising Section 138 is only going to make creditors more insecure, which could cause unfathomable harm to the Indian economy.

SBI to redesign window envelopes used to dispatch income tax refund orders to safeguard PAN, personal details
Business

SBI to redesign window envelopes used to dispatch income tax refund orders to safeguard PAN, personal details

SBI move comes after activist Lokesh Batra raised the issue that window envelopes make it easy for someone to glance through PAN

Cheque book ban now will be hastier than GST rollout; India is woefully ill-equipped for full digitisation
Business

Cheque book ban now will be hastier than GST rollout; India is woefully ill-equipped for full digitisation

In a way, therefore, we will be killing the cheque at its infancy in rural areas where large swathes of India still is.

Demonetisation: If banks don't have money, what's the point?
India

Demonetisation: If banks don't have money, what's the point?

Banks without money are redundant. In Delhi these past 48 hours have been a telling experience. We are an incredible people that despite the fiscal architecture being compelled to collapse like a condemned building, life goes on with very little change.

HSBC black money list: Tax officials probing 79 a/cs with Rs 4,479 cr
Economy

HSBC black money list: Tax officials probing 79 a/cs with Rs 4,479 cr

In first major disclosure about money held in Swiss banks, government today said Rs 4,479 crore is held in the accounts owned by Indians, who figured on the HSBC List, and the Income Tax Department has initiated action against 79 of such account holders.

Now, you can choose your savings account number
Investing

Now, you can choose your savings account number

May be this facility might work for senior citizens or anyone, who would like to have an easy account number.

Five things you should know about Electronic Clearing System (ECS)
Investing

Five things you should know about Electronic Clearing System (ECS)

While, we use Electronic Clearance System day in and out, there are a few things we need to keep in mind to make the most of this service. To know more, read on.

Inconsistent signature on cheques could land you in jail
Investing

Inconsistent signature on cheques could land you in jail

You don't need to commit a huge crime to go to jail anymore. Simply putting a signature different from the specimen signature you submitted to the bank is more than enough.

RBI to banks: Compensate customers for cheque clearance delay
Business

RBI to banks: Compensate customers for cheque clearance delay

The central bank has issued the notification in view of difficulties being faced by customers with regard to cheque clearances.

Big B donates Rs 30 lakh to debt-ridden farmers
Entertainment

Big B donates Rs 30 lakh to debt-ridden farmers

The actor contributed Rs 30 lakh to over 100 farmers in order to assist them in paying back their financial loans taken from banks.

Kingfisher's cheques to AAI worth Rs 121 crore bounce
Business

Kingfisher's cheques to AAI worth Rs 121 crore bounce

Kingfisher Airlines had given the five cheques to the Airports Authority of India in 2011 which bounced. The airline owes the airport authority around Rs 265 crore.

October cheque transactions down 6 percent: RBI
Economy

October cheque transactions down 6 percent: RBI

The number of cheques cleared by banks in October also went down by 8.9 percent compared to the same month last year.