SBI: 'This new cheque payment rule will come into effect from 1 January 2021'.State Bank of India is all set to roll out the positive pay system' for cheques from next month.

India's largest lender the State Bank of India (SBI) will implement the cheque truncation system (CTS) 2010, the new standard of cheques as mandated by the Reserve Bank of India; from January 01 ...