"Speed Clearing:Faster collection of outstation cheques (faq)” plus 1 more

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Speed Clearing:Faster collection of outstation cheques (faq) Posted: 20 Jan 2011 05:37 PM PST Banks as part of their normal banking operations undertake collection of cheques deposited by their customers, some of which could also be drawn on non-local bank branches. Such cheques are called outstation cheques. In order to facilitate faster collection of outstation cheques, the Reserve Bank of India started a special clearing styled "Speed Clearing" by leveraging the core-banking-solutions... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Telecom users verification with Aadhaar(UID) Posted: 20 Jan 2011 05:36 PM PST The Department of Telecommunications (DoT) is considering a proposal by the Unique Identity Authority of India (UIDAI) to bring about 700 million telecom users under an unique identification programme. The UIDAI plans to issue a 12-digit unique identity number Aadhaar to all residents, based on information such as fingerprint and iris. To verify a single customer, operators incur between... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

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