Cheque truncation system

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  • new cheques, reserve bank of india, rbi extends time for new format of cheques, Cheque truncation system

    RBI extends time for new format of cheques 15 December 2012

    In a move to counter the fraudsters who take advantage of the cheque system, the RBI has announced the CTS format of cheques, Cheque Truncation System, according to which the non-CTS 2010 standard cheques would no longer be valid after...

    Keywords: new cheques, old format cheques, CTS, new cheques

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