Daily Archives: February 15, 2013

RBI set to rob Rs 10000 crores from Bank customers!

The discussion paper on Disincentivisation of cheques  issued by RBI envisages charging bank customer for every cheque book issued by the Bank, every cheque issued by the customer and every cheque deposited by the customer for clearing. This means that each … Continue reading

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A Note for the attention of SMEs- on Cheque Disincentivisation

RBI Move on Cheques to hit SMEs hard Reserve Bank of India (RBI) has issued a “Discussion Paper” on “Disincentivisation of issuance and usage of Cheques” on January 31, 2013 and invited public comments by February 28, 2013. Since the … Continue reading

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