Public sector banks News
Avoid issues with cheque issuance
A week before, a technical glitch in banks' clearing houses resulted in a two-day delay in cheque clearances by Mumbai-based banks. As expected, funds remained stuck and the delay caused anxiety among customers who had issued third-party cheques. Their fear: With automated systems in place, any cheque presented in their account would automatically 'bounce' due to lack of funds. But, according to R
|
|
