You may have noticed that people often give us checks, which are used to return money or make payments for goods. However, ...

To support the system the bank agrees to pay the amount n the cheque when it is properly presented, assuming there are sufficient funds in the payer's account to cover the amount of the cheque. There ...

It is possible you got paid with a cheque, but you are not exactly confident with the person who wrote the cheque. According to thebalance.com, you may need to find out if the cheque is going to ...

Cheques continue to play an important role in financial transactions across India, particularly for business payments, loans, ...

During 2024-25, the RBI had added 54.13 metric tonnes of gold. The Reserve Bank of India has introduced real-time clearing of cheques. However, technology integration glitches, inadequate training of ...

In India, cheque dishonour cases are covered under Section 138 of the Negotiable Instruments Act. The section criminalizes ...

The larger bench is now expected to settle whether the moratorium extinguishes or merely suspends the penal consequences ...

As scams grow more sophisticated, at least you have one less thing to worry about—cheque fraud. The Reserve Bank of India (RBI) implemented the Positive Pay System (PPS) back in 2021, which has ...