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Using bank cheque books are a pain and in this digital age everyone should stop using them. All banks including HDFC Bank, ICICI Bank, Axis Bank, SBI (State Bank of India), PNB (Punjab National Bank), ...
A trio of bank groups has written to the US Department of the Treasury urging it to move quickly in ditching paper cheques ...
Punjab National Bank has also reduced the interest rates on savings accounts across all balance slabs. SBI has waived the requirement for maintaining a minimum balance in all savings accounts since ...
Punjab National Bank (PNB) has made changes to some credit-related service costs when it comes to savings accounts, including a minimum average balance, demand draft issue, duplicating DDs ...
In line with RBI's guidelines, PNB introduced PPS for cheques of ₹ 50,000 and above presented in CTS clearing from January 01, 2021. However, later, the central bank recommended that availing ...
In a move to safeguard customers from fraudulent payment of cheques, state-owned Punjab National Bank (PNB) has made the Positive Pay System (PPS) compulsory for cheque payments worth Rs 5 lakh ...
As per Reserve Bank of India (RBI) guidelines, PNB had introduced PPS for cheques of Rs 50,000 and above presented in Cheque Truncation System (CTS) clearing from January 1, 2021.
The UT Consumer Disputes Redressal Forum has directed Punjab National Bank in Sector 23 to pay Rs 17,000 after a cheque that was issued through the bank was wrongfully dishonoured by them even ...