Another system of tracking the high value transactions is being introduced by RBI to stop banking frauds - " Positive Pay System" The issuer of cheque might now have to submit electronically through Mobile App, Internet banking , ATM or…
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read moreThe MHA department has notified 29th day of September, 2020 as the effective date for the new amendments. Now this will lead to another confusion and conundrum as making the amendments applicable with almost immediate effect, will not give time to…
read moreAnother system of tracking the high value transactions is being introduced by RBI to stop banking frauds - " Positive Pay System" The issuer of cheque might now have to submit electronically through Mobile App, Internet banking , ATM or SMS…
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