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Bank of Maharashtra unveils Comprehensive Suite of New Products and Services

Bank of Maharashtra unveils Comprehensive Suite of New Products and Services
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PNB makes Positive Pay System mandatory for cheque payments worth Rs 5 Lakh & above

NL Corresspondent Jammu Tawi: In a move to safeguard customers from fraudulent payment of cheques, Punjab National Bank, nation’s leading public sector bank, made Positive Pay System (PPS) compulsory for cheque payments worth Rs. 5 Lakh and above. This will come into effect from 05.04.23. The PPS is a system developed by the National

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