Bank of Maharashtra gets govt mandate to collect donations for PM CARES Fund; contributions to get I-T Act exemption
One can also remit contributions directly by electronic clearing system (ECS) to the designated savings bank account of Bank of Maharashtra.
Demonetisation: Withdrawal limit for marriages perked up, but patients left to suffer
Patients and their families would have sent their collective blessings skyward had the government simultaneously heeded their plaintive plea too
Rs 500, Rs 1,000 notes crackdown: To think your currency is now worthless paper is foolish
After PM Modi’s announcement, social media is having a field day showing images of Rs 500 and Rs 1,000 notes being used to wrap food items and even as toilet paper.
Banks cannot collect EMI if loan has not been disbursed: Dispute Redressal Forum
Dispute Redressal Forum here has asked the bank to refund the entire EMI charged unduly for 20 months from a policeman and directed it to pay him Rs 50,000 as compensation for deficient services.
RBI postpones decision on practice of return paid govt cheques
Easing norms to enhance efficiency of cheque clearing system, RBI in September 2014 had said that there will be no need to return back paid government cheques to the concerned departments from 1 January 2015.
Send customers SMS alerts before clearing cheques: RBI tells banks
The central bank further said multi-level checking should be done before clearing cheques above Rs 5 lakh.<br />
Here's how banks can goof up with your post dated cheques
Post-dated cheques (PDC) are a handy, convenient way to handle a financial transaction. But just how much can you trust that your bank will exercise utmost care while handling such cheques?
RBI gives banks time till July for issuing new format cheques
In December, the RBI had extended the deadline to convert to the new standard CTS-2010 by three months to 31 March.
New cheque norms: Know how to write the cheques correctly
Like it or not, many don't write cheques properly. It is not just filling in the details, but how you actually fill the details on the cheque that matters.
No cheques: Govt, RBI want to checkmate paper money
The finance ministry and the RBI are taking us away from paper cash to electronic money.
PMCB Tackles Mounds Of Cheques With VSoft Solution
To automate operations and reduce costs, The Punjab and Maharashtra Co-operative Bank (PMCB) opted for VSoft's Centralised Cheque Processing System (CCPS).