RBI postpones cheque clearance rule: The Reserve Bank of India (RBI) has postponed Phase 2 of its check clearance expediting scheme. The scheme was scheduled to begin on January 3, 2026. Under this ...
KOCHI: A Kolenchery native was allegedly defrauded of Rs 30 crore by managers of Bank of Maharashtra using forged documents, including cheques. Eldho Paul, 49, a small-time contractor, discovered the ...
MUMBAI: The Reserve Bank (RBI) has deferred the rollout of the phase 2 of its faster cheque clearance framework, which was scheduled to be effect January 3, 2026, under which banks were to ...