In new law, punishment no longer part of Penal Code, moved to Commercial Transaction Law Under new law, punishment for a bounced cheque is no longer included in the Penal Code, being moved to ...

More than a third of cases pending in Delhi’s courts relate to dishonoured or ‘bounced’ cheques. They clog the system with ...

During 2024-25, the RBI had added 54.13 metric tonnes of gold. The Reserve Bank of India has introduced real-time clearing of cheques. However, technology integration glitches, inadequate training of ...

The new system was part of the RBI’s broader effort to modernise cheque-based transactions and reduce settlement delays for ...

I'm a freelance financial journalist and a regular contributor to U.S. News and CreditCards.com. I've written for Life + Money by Citi, Bankrate and The Balance, among others. You can find me on ...

The Reserve Bank of India (RBI) has postponed the January 3, 2026 deadline for implementing faster cheque clearance under its ...

RBI introduced continuous clearance under the Cheque Truncation System (CTS) to make cheque clearing faster and smoother by ...

Victims can file civil cases against those who issue bounced cheques, says judge Also In This Package Businessman blames brother for bounced cheque What happens when a cheque bounces in UAE? My final ...

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 ...

Have you exhausted all the cheque leaves of your State Bank of India (SBI) cheque book and want to apply for a new one? Are you worried that currently you are not at your registered address? So how to ...

A certified cheque is a guaranteed form of payment, which means there’s no chance of insufficient funds when the cheque is cashed. Certified cheques are purchased for a fee. Many or all of the ...