Tag Archive for 'non cts cheques'

Existing cheque clearing arrangement will continue till year end

Existing cheque clearing arrangement will continue till year end Good news for those having non CTS cheques left for clearing. RBI has declared that the existing cheque clearing system will continue till year end. Non-CTS-2010 cheques (Cheque Truncation System) will continue to be cleared even after the deadline of July 31, 2013. However,banks must continue to make […]

Validity of Non – CTS Cheques extended

As per the Revised Guidelines of RBI the validity of Non-CTS compliant cheques have been extended till 31st  July 2013. Earlier it was extended till 31st March 2013. RBI has issued a note no. 1622 dated 18 March 2013 regarding extension of last date of CTS-2010 cheque book. RBI/2012-13/444 DPSS.CO.CHD.No. 1622/04.07.05/2012-13 March 18, 2013 The Chairman […]