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Category: Positive Pay System

FAQ ON POSITIVE PAY
Posted on January 5, 2022January 5, 2022 BANKS Positive Pay System

FAQ on Positive Pay System

Reserve Bank of India (RBI) instructed all banks to implement Positive Pay System in order to safeguard customer money against Cheque frauds. It enables cheque... Read more

BOI Positive Pay
Posted on January 2, 2022January 2, 2022 Bank of India BANKS Forms Positive Pay System

Positive Pay System in Bank of India

We have discussed in our previous articles many time that why RBI introduced Positive Pay System? and How does it work?. As per Reserve Bank... Read more

ICICI Positive Pay
Posted on December 30, 2021January 15, 2022 BANKS ICICI Bank Positive Pay System

How to use Positive Pay in ICICI Bank?

In this article we will let you know the procedure for submitting a high value cheque in ICICI Bank Positive Pay System (PPS). As we... Read more

BoB Positive Pay System
Posted on December 12, 2021December 13, 2021 Bank of Baroda BANKS Forms Positive Pay System

Bank of Baroda Positive Pay System

In this post, we will let you know about the procedure for submitting a high value cheque in Bank of Baroda Positive Pay System (PPS).... Read more

HDFC Positive Pay System
Posted on October 23, 2021January 6, 2022 BANKS HDFC Bank Positive Pay System

HDFC Positive Pay through Net Banking

HDFC Positive Pay System – The leading private sector lender, HDFC Bank has made Positive pay system for cheque payment live in HDFC Net Banking.... Read more

SBI Positive Pay System
Posted on September 11, 2021January 19, 2022 BANKS Positive Pay System State Bank of India

How to submit a cheque in SBI Positive Pay System?

SBI Positive Pay System – We all know that Reserve Bank of India (RBI) introduced Positive Pay System for strengthening high value cheque clearing in CTS (Cheque... Read more

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RBI Policy Rates

As on

Repo Rate 6.25%
Reverse Repo Rate 3.35%
Standing Deposit Facility Rate 6.00%
Marginal Standing Facility Rate 6.50%
Bank Rate 6.50%
CRR 4.50%
SLR 18.00%

 

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