Deposit Money Banks (DMBs) are yet to comply with the Central Bank of Nigeria (CBN) directive that they allow cheques payments into savings accounts. The apex bank instructed the lenders that savings ...
Phase 1 of the system, which was implemented earlier this year, will continue to operate as usual. The RBI further stated ...
The Reserve Bank of India (RBI) has deferred the implementation of Phase 2 of its faster cheque clearance framework, which ...
RBI introduced continuous clearance under the Cheque Truncation System (CTS) to make cheque clearing faster and smoother by ...
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