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.
Patients and their families would have sent their collective blessings skyward had the government simultaneously heeded their plaintive plea too
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.
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.
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.
The central bank further said multi-level checking should be done before clearing cheques above Rs 5 lakh.<br />
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?
In December, the RBI had extended the deadline to convert to the new standard CTS-2010 by three months to 31 March.
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.
The finance ministry and the RBI are taking us away from paper cash to electronic money.
To automate operations and reduce costs, The Punjab and Maharashtra Co-operative Bank (PMCB) opted for VSoft's Centralised Cheque Processing System (CCPS).