update your address After announcing the implementation of cheque truncation system (CTS), the State Bank of India (SBI) has asked its customers to update their mailing address. The lender is ...
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RBI plans same-day cheque clearance: What it means for youCurrently, cheques are cleared using the Cheque Truncation System (CTS) in a batch processing mode. "The proposal is to reduce the clearing cycle by introducing continuous clearing with 'on ...
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