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Cheque Truncation System

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Know all about the cheque truncation system

Considered to be a major milestone in the history of Indian banking, Cheque Truncation System aims to make cheque clearance more efficient and reduce the clearance time of cheques to one day,......

RBI extends deadline for new cheques

The Reserve Bank of India ( RBI) has extended the deadline for implementing the Cheque Truncation System-2010 (CTS-2010) by another three months. This is the second such extension.Banks have now......

What is cheque truncation all about?

Cheque Truncation Solution is a big milestone in the Indian banking industry. It enables cheque clearing on the same day, reducing floating time available for funds.The technology, being......

Banks to have cheque imaging system soon

US-based Bankserv Inc is in talks with its Indian partner aurionPro Solutions to offer rupee cheque imaging for the Indian market.Bankserv is targeting Indian banks as it plans an investment to the......

RBI to start cheque truncation project in Delhi

The Reserve Bank of India is expected to kick off the pilot project on cheque truncation, which eliminates physical movement of cheques, in Delhi over the next 9-12 months."We have invited tenders......
  Web results for Cheque Truncation System
Cheque bounce ordinance to have retrospective effect

Defaulting borrowers have been truly put on notice as the recent cheque bounce ordinance will have retrospective application. This... ...

http://www.thehindubusinessline.com/banking/cheque-bounce-ordinance-to-have-retrospective-effect/article7333763.ece?utm_source=RSS_Feed&utm_medium=RSS&utm_campaign=RSS_Syndication
NPCI to expand shareholding to more banks

Comment · print · T T T+· T- National Payments Corporation of India (NPCI) is planning to expand the shareholding base from the present... ...

http://www.thehindu.com/news/national/tamil-nadu/npci-to-expand-shareholding-to-more-banks/article7323876.ece?ref=tpnews
Image Infosystem eyes South East Asian markets for growth

Image Infosystem Pvt Ltd —a software products company focused on providing solutions to the banking industry — is now spreading its wings... ...

http://www.thehindubusinessline.com/features/smartbuy/tech-news/image-infosystem-eyes-south-east-asian-markets-for-growth/article7298739.ece?utm_source=RSS_Feed&utm_medium=RSS&utm_campaign=RSS_Syndication
RBI promotes electronic banking in a big way

Comment · print · T T T+· T- Apex bank urges public to use RTGS, CTS and NEFT The Reserve Bank of India (RBI), Chennai, organised an... ...

http://www.thehindu.com/news/national/tamil-nadu/rbi-promotes-electronic-banking-in-a-big-way/article7262630.ece?utm_source=RSS_Feed&utm_medium=RSS&utm_campaign=RSS_Syndication

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