Stay updated with the latest cheque news, articles, and insights from trusted sources. Explore in-depth coverage and expert analysis on cheque topics.
Bhubaneswar: Dhirendra Mohanty, Secretary of Mahu Co-operative Society, Aul, Kendrapara, was apprehended by Odisha Vigilance today while accepting a bribe of Rs. 10,000 from a loanee farmer. Mohanty demanded the bribe to release a loan passbook and cheque book for an agricultural loan of Rs. 75,000, sanctioned on August 12, 2025, to the complainant and his father. According to the complainant, a poor farmer, Mohanty had been delaying the handover of the documents despite repeated requests. Ini ...Read More >
Mumbai: The RBI will introduce a new mechanism from October 4 for clearance of cheques within hours of being presented to banks, reducing the current time period of up to two working days. Cheques will be scanned, presented, and passed in a few hours and on a continuous basis during business hours. The clearing cycle will be reduced from the present T+1 days to a few hours. ...Read More >
Mumbai (Maharashtra) [India] August 14 (ANI): In a major relief to its customers, ICICI Bank on Thursday announced a rollback of its recent decision to hike the minimum average monthly balance (MAB) for certain savings accounts to Rs 50,000. The private sector lender has now reduced the MAB requirement to Rs 15,000. The bank had in July revised the minimum average balance requirement for select account categories from Rs 10,000 to Rs 50,000. The revision, which was scheduled to come into effect ...Read More >
New Delhi [India], August 14 (ANI): Ahead of the Assembly elections in Bihar, Leader of Opposition in the Lok Sabha Rahul Gandhi on Thursday announced the launch of "VoterAdhikarYatra" against the Special Intensive Revision (SIR) of electoral rolls and called on people to "join this people's movement" Making the announcement in a post on X, the Congress MP said, "From August 17, with #VoterAdhikarYatra, we are launching a direct fight against vote theft from the soil of Bihar" Also Read | New ...Read More >
Mumbai (Maharashtra) [India] August 14 (ANI): In a major relief to its customers, ICICI Bank on Thursday announced a rollback of its recent decision to hike the minimum average monthly balance (MAB) for certain savings accounts to Rs 50,000. The private sector lender has now reduced the MAB requirement to Rs 15,000. The bank had in July revised the minimum average balance requirement for select account categories from Rs 10,000 to Rs 50,000. The revision, which was scheduled to come into effect ...Read More >
Dispur (Assam) [India], August 14 (ANI): The Assam Cabinet, led by Chief Minister Himanta Biswa Sarma, has taken a key decision, including amending building byelaws to ensure ease of doing business. Procurement of 500 MW power, approval of 1500 MV pumped storage project and approving financial sanction of the remaining amount of Rs. 375 crores for the continuation of Ayushman Asom Yojna to provide free medical treatment to the beneficiaries were among the key decisions taken in the meeting. Al ...Read More >
Mumbai (Maharashtra) [India] August 14 (ANI): In a major relief to its customers, ICICI Bank on Thursday announced a rollback of its recent decision to hike the minimum average monthly balance (MAB) for certain savings accounts to ₹50,000. The private sector lender has now reduced the MAB requirement to ₹15,000. The bank had in July revised the minimum average balance requirement for select account categories from ₹10,000 to ₹50,000. The revision, which was scheduled to come into effect from Se ...Read More >
Mumbai (Maharashtra) [India], August 14: Medulla Communications Pvt. Ltd., one of the world's most awarded healthcare-specialist advertising agencies, has announced the launch of its new hub in Singapore. With over 15 years of experience in solving complex healthcare challenges, Medulla is now looking to create a super-specialist category as the first digital healthcare advertising agency in Asia. New Hub to Deliver Scalable, Specialist Healthcare Marketing Solutions Across APAC. Also Read | Ne ...Read More >
Mumbai, Aug 14 (SocialNews.XYZ) The Reserve Bank of India (RBI) has announced that bank cheques must be cleared within a few hours from October 4 -- down from the current clearance time of up to two working days. Under the new mechanism, the banks will scan, present and pass cheques within a few hours and on a continuous basis during the business hours, cutting the clearing cycle down from the present T+1 days, a circular from central bank said. The current Cheque Truncation System (CTS) proce ...Read More >
Mumbai (Maharashtra) [India] August 14 (ANI): In a major step towards faster clearance of cheques, the Reserve Bank of India (RBI) has announced same-day and hourly cheque clearances in phases. According to the RBI's directive, issued on Wednesday to banks participating in the Cheque Truncation System (CTS) and the National Payments Corporation of India (NPCI), the new system will ensure that cheque processing, confirmation, and settlement take place in near real-time, significantly reducing de ...Read More >
Mumbai: The Reserve Bank of India (RBI) has announced that bank cheques must be cleared within a few hours from October 4 -- down from the current clearance time of up to two working days. Under the new mechanism, the banks will scan, present and pass cheques within a few hours and on a continuous basis during the business hours, cutting the clearing cycle down from the present T+1 days, a circular from central bank said. The current Cheque Truncation System (CTS) processes cheques within a cl ...Read More >
New Delhi, Aug 14 (SocialNews.XYZ) Easing inflation and favourable monsoon boosted rural demand in India in the April-June period this year, outpacing urban consumption once again, according to a new report. According to the report by global research firm NielsenIQ, rural markets and small manufacturers propelled the packaged consumer goods sector in Q2 2025. Rural markets grew twice as fast as cities, as urban areas showed signs of recovery, particularly in smaller towns. According to the re ...Read More >
Uttarkashi (Uttarakhand) [India], August 14 (ANI): A government-appointed team of experts on Wednesday visited Dharali in Uttarkashi to inspect areas affected by a recent disaster. This team of experts included Shantanu Sarkar, Director of Uttarakhand Landslide Mitigation and Management Center (ULMMC), Dr DP Kanungo, Chief Scientist of Central Building Research Institute Roorkee (CBRI), Ravi Negi, Director of Geological Survey of India (GSI), Dr Amit Kumar, scientist of Wadia Institute of Himal ...Read More >
Kinnaur: A cloudburst was reported in Himachal Pradesh's Kinnaur district on Wednesday evening. Due to the cloudburst, a sudden flash flood struck Hojis Lungpa Nala. Notably, the site was an active road construction zone under CPWD towards Gangthang Bralam. A rescue operation was launched to rescue the stranded civilians. The Indian Army was also called in to help the local administration. The Army has deployed its new generation equipment to assist in the operation. The Logistics Drone High Al ...Read More >
New Delhi: The Reserve Bank Of India (RBI) has issued notification on Introduction of Continuous Clearing and Settlement on Realisation in Cheque Truncation System, thus allowing for your cheques to be cleared within hours. " It has been decided to transition CTS to continuous clearing and settlement on realisation in two phases. Phase 1 shall be implemented on October 4, 2025 and Phase 2 on January 3, 2026. All banks are advised to make their customers adequately aware of the changes in the ch ...Read More >
NEW DELHI - Opposition leader Rahul Gandhi said on Aug 13 that India's electoral system suffers from "serious discrepancies" and he pledged to continue challenging its integrity through public mobilisation and potentially the courts. Mr Gandhi, the scion of the Nehru-Gandhi dynasty that controls the main opposition Congress party, last week accused authorities of manipulating voter rolls by adding fake names in the 2024 general election and other recent polls. Prime Minister Narendra Modi's Bh ...Read More >
Lucknow: The Yogi Adityanath govt tabled the Sri Banke Bihari Temple Nyas Bill in the UP assembly on Wednesday, the third day of the monsoon session.The state govt had earlier promulgated an ordinance, Sri Banke Bihari Nyas Adhyadesh. The bill tabled on Wednesday stipulates that the trust will have a right over offerings, donations, and all movable and immovable properties of the temple. This includes idols installed in the temple, offerings/gifts made to deities within the temple premises and p ...Read More >
New Delhi: Traffic in central Delhi will be affected on Thursday as the traffic police has issued an advisory due to the Janmashtami and Tazia processions.According to police, the traffic movement in Paharganj is likely to be affected from 1.30pm in view of the shobha yatra for Janmashtami and the Tazia procession.The Janmashtami procession will start from Mandir Shri Banke Bihari Ji in Paharganj's Sangatrasan Bazar and pass through Desh Bandhu Gupta Road, Chuna Mandi, Main Bazar, Munja Chowk an ...Read More >
Mumbai: Following public outrage, ICICI Bank on Wednesday partially reversed its minimum average balance (MAB) requirements from Rs 50,000 to Rs 15,000 for new customers in urban areas. Under the revised terms, new savings account holders in semi-urban and rural branches will be required to maintain Rs 7,500 and Rs 2,500, respectively, as against the Rs 25,000 and Rs 10,000 decided earlier by ICICI Bank. "We had introduced new requirements for the minimum Monthly Average Balance (MAB) for new S ...Read More >
Patna, Aug 1 (PTI) Healthcare services were affected at AIIMS-Patna on Friday as resident doctors went on an "indefinite strike" in protest against the alleged high-handedness of Sheohar MLA Chetan Anand. According to a press statement issued by the Resident Doctors' Association (RDA), AIIMS-Patna, on Friday, "The RDA expresses deep disappointment and anguish over the lack of action by the administration following the violent and traumatic incident that occurred on Wednesday, when MLA Chetan An ...Read More >
Hyderabad: The Enforcement Directorate has framed charges against Saisree Engineers Pvt. Ltd. (SEPL) and others for defrauding a bank of Rs 7.51 crore. The ED said SEPL engaged in the layering of loan funds through its bank accounts. A part of the loan was siphoned off and withdrawn in cash and used for the personal benefit of SEPL directors. The investigation revealed that SEPL received Rs 13.53 crore from Bharat Coking Coal Ltd., which it deposited in its current account held with Andhra Bank ...Read More >
One of the accused was arrested from Bengaluru and the other from Kolkata in a case where a Delhi doctor was allegedly defrauded of Rs 14.85 lakh. The Delhi Police have busted a digital arrest scam and arrested two key accused from Bengaluru and Kolkata, officials said on Saturday. The crackdown came after a Delhi-based doctor who was allegedly defrauded of Rs 14.85 lakh registered a complaint. One of the accused, Mohammad Sahin Khan, was arrested from near Victoria Hospital in Bengaluru, on ...Read More >
New Delhi, Jul 19 (PTI) The US National Transportation Safety Board (NTSB) Chairwoman Jennifer Homendy has said the board will continue to support the AAIB's investigation into the Air India plane crash, and that reports about the incident are premature and speculative. On June 12, Air India's Boeing 787-8 aircraft en route from Ahmedabad to London Gatwick crashed into a building soon after takeoff, killing 260 people, including 19 people on the ground. Out of the 242 people onboard, one passen ...Read More >
Hyderabad: Telangana chief minister A Revanth Reddy on Friday, July 18, handed over interest-free loan cheques worth Rs 344 crore to 3,52,635 Self Help Groups (SHGs) under the Stree Nidhi scheme across the state. The Stree Nidhi scheme provides timely and affordable credit to SHGs in rural and urban areas. In the Kollapur constituency alone, interest-free loan cheques worth Rs 6.33 crore were handed over to 2,671 SHGs and cheques worth Rs 41.61 crore for bank loans to 570 SHGs. Additionally, ...Read More >
The Mangaluru City Police apprehended Roshan Saldana, a fugitive accused in large-scale financial fraud. Upon raiding his residence, police found incriminating evidence and luxurious items. Investigations reveal transactions worth 40 crores, with FIRs registered in multiple cities. Authorities aim to uncover the full scope of the accused's operations. Mangaluru City Police have successfully arrested Roshan Saldana, who was wanted in connection with numerous high-value fraud cases, following his ...Read More >
The accused are alleged to have forged documents and siphoned off government funds intended for financially distressed applicants The Jubilee Hills police have arrested two persons and launched a manhunt for other accused in connection with a fraud involving the misappropriation of funds sanctioned under the Chief Minister's Relief Fund (CMRF). The accused are alleged to have forged documents and siphoned off government funds intended for financially distressed applicants. The total amount fra ...Read More >
Bareilly (UP), Jul 17 (PTI) A teacher from Bahedi district, who went viral recently after reciting a poem mentioning Kanwar Yatra, approached the police on Thursday stating a threat to his life from anti-social elements. A case has been registered at Bahedi police station based on a complaint from Dr Rajneesh Kumar Gangwar, a teacher at MGM Inter College in the district. According to Circle Officer Arun Kumar Singh, Gangwar's complaint says that ever since his recitation of the poem 'Tum Kanwa ...Read More >
Hyderabad: The Jubilee Hills police arrested two persons on charges of being part of a scam to encash Chief Minister's Relief Fund (CMRF) cheques on the basis of forged documents and accounts. The two accused, Jogula Naresh Kumar and Balagoni Venkatesh, allegedly diverted Rs 8.71 lakh through the scam. As per the police, the duo cashed up to 19 CMRF cheques, which were for actual beneficiaries, by producing false documents and dealing through manipulated bank accounts. The amount misappropriate ...Read More >
Bank holidays 2025: Banks across Meghalaya will be closed due to Behdienkhlam on Monday, July 14, according to the state-wise holiday calendar of the Reserve Bank of India (RBI). The banks in the rest of the country will remain open today, July 14, 2025. This traditional celebration is deeply rooted in Meghalaya's culture and draws large gatherings every year. The Behdienkhlam Festival is one of the oldest and most important cultural celebrations of the Pnar people, a group within the Jaintia c ...Read More >
New Delhi [India], July 12 (ANI): In rebuttal arguments before the Rouse Avenue court on Saturday, Additional Solicitor General (ASG) S V Raju said that Young Indian was involved in money laundering and continues to be involved. Raju asserted that there were sufficient grounds to take cognisance of the prosecution complaint against all accused persons in the National Herald money laundering case. After hearing the arguements of ASG Raju, Special Judge Vishal Gogne listed the matter for clarific ...Read More >
Stay updated with the latest None news, articles, and insights from trusted sources. Explore in-depth coverage and expert analysis on None topics.