The cheque truncation system (CTS) is in use since 2010 and covers around 1,50,000 bank branches across three cheque processing grids. All the erstwhile 1,219 non-CTS clearing houses have since been migrated to the CTS now.
source https://economictimes.indiatimes.com/industry/banking/finance/banking/all-remaining-18000-bank-branches-to-be-under-cts-by-sep-rbi/articleshow/80704866.cms
No comments:
Post a Comment