Smart ATMs to count cash, read cheques and credit in real time

Last Updated: Monday, October 29, 2012, 18:07

New smart ATMs that can count your cash, read the cheques and credit it to your account immediately at any hour are on the way.

Gopal Kanda gets bail in cheque bounce case, to remain in jail

Last Updated: Friday, October 26, 2012, 18:45

Former Haryana minister Gopal Goyal Kanda has been granted bail by a Delhi court in a case registered against him and his brother Govind for allegedly evading court proceedings in a 14-year-old cheque bounce case.

Relief for KFA; GMR withdraws cheque bounce case against Mallya

Last Updated: Thursday, October 18, 2012, 08:54

GMR Hyderabad International Airport Ltd (GHIAL) on withdrew a cheque bounce case filed against Vijay Mallya-promoted Kingfisher Airlines (KFA) in a court here after the airline agreed to pay the outstanding amount due to it.

Non-bailable warrant issued against Vijay Mallya, four others

Last Updated: Friday, October 12, 2012, 14:56

A Hyderabad court Friday issued a non-bailable warrant against crippled Kingfisher Airlines, its chairman Vijay Mallya and four of its directors after the GMR-run Hyderabad airport dragged them to court when a payment of Rs 10.5 crore could not be honoured.

SC seeks Govt response on plea to quash cheque bounce case law

Last Updated: Friday, September 28, 2012, 22:22

The Supreme Court Friday sought the Centre's response on a PIL seeking quashing of a provision in Negotiable Instruments Act relating to bouncing of cheques, claiming that it was unconstitutional and lakhs of persons, particularly poor were facing harassment.

Govt asks banks to promote e-payments, cut cheque transactions

Last Updated: Thursday, September 20, 2012, 19:20

To promote electronic payments, the government has asked banks to reduce cheque-based transactions by at least 20 percent through identified branches in 2012-13.

Kanda booked for evading summons in cheque bounce case

Last Updated: Wednesday, September 5, 2012, 16:40

Gopal Kanda`s legal woes are piling up with police registering a fresh case on the direction of a court.

RBI asks banks to issue cheques with uniform features by Sep30

Last Updated: Monday, September 3, 2012, 22:31

To ensure the time-bound migration to CTS-2010 standard cheque formats, all banks are advised to arrange only "multi-city or payable at par CTS-2010 standard cheques not later than September 30, 2012," it said.

Court acquits Kanda, brother in 14-yr-old cheque bounce case

Last Updated: Monday, August 27, 2012, 22:08

Former Haryana Minister Gopal Goyal Kanda and his brother were on Monday acquitted by a Delhi court in a 14-year-old cheque bounce case.

BOI presents Rs 251.92-cr dividend cheque to govt for FY12

Last Updated: Friday, August 17, 2012, 20:02

Bank of India (BOI) on Friday presented the government a dividend cheque of Rs 251.92 crore for the financial year 2011-12.

RBI to banks: Compensate customers for cheque clearance delay

Last Updated: Monday, August 13, 2012, 21:16

In a big relief to the bank customers, the Reserve Bank on Monday asked the banks to compensate them for delay in clearance of local cheques.

PVR slaps criminal charges against Rajkumar Santoshi

Last Updated: Tuesday, July 17, 2012, 14:55

Bollywood filmmaker Rajkumar Santoshi has been found guilty in a cheque-bouncing case. The director, who gave such hits as ‘Ghayal’, ‘Damini’, ‘Andaz Apna Apna’ and ‘Ajab Prem ki Ghazab Kahani’, had given a cheque for Rs 50 lakh to PVR against the advance for film-making, which did not get cleared due to insufficient funds.