Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Somer G. Anderson is CPA, doctor of accounting, and an accounting and finance professor who ...

Bank Frauds are on the rise so the Reserve Bank of India has introduced the "positive pay system" for cheque. Under this, re-confirmation of key details may be needed for payments beyond Rs 50,000.

ICICI Bank announces same-day cheque clearing starting October 4, 2025, enhancing convenience and security in line with RBI guidelines.

Private banks, including HDFC Bank and ICICI Bank, have informed that they will start same-day cheque clearance from October ...