Cheques /Demand Drafts to last for only 3 months from 01-04-2012 :RBI
Wednesday, November 9th, 2011Mumbai : The Reserve Bank of India with its Ho in Mumbai, has reduced the cheques /D Ds period of validity from original 6 months to 3 months , with immediate effect as a fair trial. This will have tremendous effect on clearing houses, where various banks bring their cheques on other banks than their […]