Rules for Multi City Cheques (MCC) in SBI: Issuance, Collection & Dishonour
Introduction Cheques are still an important method of payment for many individuals, businesses, and government bodies in India, despite the rise of digital transactions. Over the years, the Reserve Bank of India (RBI) and banks like State Bank of India (SBI) have introduced new rules for Multi City Cheques to make cheque payments safer, faster, … Read more