In digital age, banks overlook 142-year-old rule for cheques
India Business News: MUMBAI: As banks and businesses continue to adopt efficient processes, they tend to forget that the law doesn’t evolve as quickly.
Source: indiatimes.com
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Mumbai: 7 held for withdrawing Rs 1.6 cr from South Africa-based bizman's account
Culprits forged signature on cloned cheque, obtained details
Source: mid-day.com
Banks in Singapore to start charging customers by November for issuing Singdollar cheques
Singapore will eliminate corporate cheques by end-2025, while individuals will be able to use cheques “for a period" after 2025, say MAS and ABS.
Source: channelnewsasia.com
UCO Bank Found To Be Committing Deficiency of Service by Freezing Consumer's Accounts
Bank informed about dishonoured cheque two years after deposit, froze accounts, barring consumer to take action
Source: freepressjournal.in
Despite Laws in Place, Centre, RBI Have Made No Special Efforts to Promote e-Cheques
Although the government amended the Negotiable Instrument Act of 1881 in 2015 to promote e-cheques, no bank has so far enabled its customers to use these.
Source: thewire.in