This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. PACS is a comprehensive payment solution that incorporates the clearing ...
Cheque Truncation System (CTS) is a cheque clearing system undertaken by the Reserve Bank of India (RBI) for faster clearing of cheques. Of late you must have noticed advertisements in newspapers put ...
Reserve Bank of India said that it has decided to extend cheque truncation system (CTS), which is at present operational at major clearing houses of the country, across all bank branches. It added ...
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