RBI Changed the Rule of Payment by Check, If you do not Know then Penalty May have to be Paid
RBI Changed the Rule: If you choose to pay by check in money-to-money transactions or anywhere else, then you may need to take some precautions. The Reserve Bank of India has made some changes in the rules for making payments through cheques. These changes have also come into effect from August 1 on behalf of RBI. Under…