Same Day Cheque Clearing Rule: Aligning with the Reserve Bank of India’s (RBI) new guidelines on quick clearing and settlement of cheques, HDFC Bank has announced that starting October 4, 2025, ...

Private banks, including HDFC Bank and ICICI Bank, have informed that they will start same-day cheque clearance from October 4, following the Reserve Bank of India's (RBI) updated settlement framework ...

Bank of Baroda (BOB) customers from February 1 will have to comply with changes made to its cheque payments system. As per the changes, customers are requested to provide the bank advance intimation ...

Keep the chequebook in a safe and secure place to prevent it from getting lost or stolen. Signing a cheque? It is important to be cautious before doing it due to the legal and financial implications ...

To make cheques safer, the Reserve Bank of India (RBI) has asked banks to implement a system called Positive Pay from January 2021. The system adds an extra layer of security to reduce cheque-related ...

https://www.thehindubusinessline.com/opinion/columns/the-cheat-sheet/how-positive-pay-system-safeguards-cheque-payments/article33348513.ece Copy Banking regulator ...

To protect customers from fraudulent payment of cheques, one of the largest public sector banks, Punjab National Bank (PNB) on Friday made Positive Pay System (PPS) compulsory for cheque payments ...

Customers can use the PPS facility by providing the cheque details through the branch office, online banking for individuals and businesses, Mobile Banking (PNB ONE), or SMS Banking. The details to be ...