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 ...
To reduce instances of fraud, the Reserve Bank of India (RBI) has introduced a new mechanism known as 'Positive Pay' for all the cheques valued above Rs. 50,000. As per RBI Governor Shaktikanta Das, ...
In order to check banking fraud, the Reserve Bank of India has decided to introduce from January 1, 2021, the ‘positive pay system’ for cheque, under which re-confirmation of key details may be needed ...
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