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Tuesday, December 18, 2012

NEW CHEQUE BOOKS.

Considered to be the major milestone in the Indian banking industry,Cheque Truncation System
(CTS) aims to make cheque clearance more efficient and reduce the clearance time of cheques to one day. Originally,it was envisaged to be implemented in all the banks from january,1,2013.Now,we understand the date is extended for three months.