Clearing Time For Cheques To Be Cut From 2 Days To A Few Hours: RBI Chief

The RBI aims to reduce the clearing time required for bank cheques to a few hours as part of a major step to facilitate the ease of doing business in the country, RBI Governor Shaktikanta Das said on Thursday. ....

 

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Clearance Of 38 Lakh Cheques Worth Rs 37,000 Crore Affected By Bank Strike

The ongoing two-day nationwide bank strike against the privatisation of government banks has affected clearing of cheques worth about Rs 37,000 crore, said C.H. Venkatachalam, General Secretary of the All India Bank Employees' Association (AIBEA). ....

 

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Chennai Bank Strike: Cheques Worth 23,000 Cr. Held Up

Banking operations were largely affected in the country on Friday owing to the strike by bankers pressing for early settlement of wage revision, said a top leader of All India Bank Employees' Association (AIBEA).....

 

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