Banks To Follow Same-Day Cheque Clearance From October 4 For Seamless Payments

Banks will send an acknowledgement message upon receipt before processing. The Cheque Truncation System (CTS), which sends an electronic image of the cheque and its details to the drawee bank, is currently used by banks. Continue reading Banks To Follow Same-Day Cheque Clearance From October 4 For Seamless Payments

‘Not Our Employee’: HDFC Bank On Viral Audio Of Woman Abusing CRPF Jawan For Loan Recovery

HDFC Bank on Friday issued a clarification after a viral audio clip of a woman allegedly abusing a CRPF jawan during a loan-related phone call sparked outrage on social media. The bank stated that the woman heard in the recording was wrongly identified as one of its employees, stressing that such behaviour is unacceptable and not representative of its values. Continue reading ‘Not Our Employee’: HDFC Bank On Viral Audio Of Woman Abusing CRPF Jawan For Loan Recovery