The Central Bank of Nigeria has unveiled a draft of new regulatory guidelines aimed at curbing the issuance of dud cheques and strengthening financial discipline across the banking sector. The ...

The Central Bank of Nigeria has issued new guidelines on the treatment of dud cheques, introducing tougher sanctions for account holders who issue cheques that bounce due to insufficient funds. With ...

The ED conducted searches at multiple locations in Mumbai as part of investigations against a company that duped investors after providing false assurances to set up data and digital learning centres ...

During 2024-25, the RBI had added 54.13 metric tonnes of gold. The Reserve Bank of India has introduced real-time clearing of cheques. However, technology integration glitches, inadequate training of ...

The Bank of Ghana (BoG) has announced a revised and stricter sanctioning regime to curb the issuance of dud cheques, mandating strict compliance from all banks and Specialised Deposit- Taking ...

The Bank of Ghana (BoG) has announced stricter sanctions against individuals and businesses that issue dud cheques in a bid to curb the growing incidence of the offence and restore confidence in the ...

The Bank of Ghana has introduced a tougher set of penalties aimed at curbing the persistent issue of dud cheques. These cheques mostly bounce back due to insufficient funds. Despite having an existing ...

The Bank of Ghana has revised the sanctioning regime in respect of issuance of dud cheques for strict compliance by banks and Specialised Deposit-Taking Institutions (SDIs). The BoG in statement ...

MUMBAI: The new cheque clearing system of the RBI with nationwide uniformity and much shorter time lag allowing credit/debit into/from an account within a few hours, is kicking in from today, October ...

Mobile banking, free cheque books, and more: Zero-balance accounts, technically called Basic Savings Bank Deposit (BSBD) accounts, may soon sport more features. These accounts, designed with limited ...

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. MAS had previously announced that corporate cheques would be ...