Banks have received RBI guidelines by virtue of which they are supposed to prohibit alterations / corrections on the cheque leaf. The details are as follows: RBI Circular - DPSS/CO/CHD/ No. 1832/01.07.05/ 2009-10 dated 22nd February 2010 states that no changes / corrections should be carried out on the cheques (other than for date validation purposes, [...]
Archive for June, 2010
New RBI guidelines for Cheque alterations
Posted in Announcements on June 3, 2010 | Leave a Comment »
