The new 'Positive Pay' mechanism introduced by the Reserve Bank of India (RBI) will make cheque payments safer and reduce instances of frauds. Issuers will be able to send all details to their bank, thereby ensuring faster clearance of cheques above Rs 50,000.from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2DTX4TC
No comments:
Post a Comment