From 1st April 2011, cheque payments may become a costlier affair.
As reported by the Press Trust of India, the Reserve Bank of India (RBI) has allowed banks to levy higher service charges for their clearing, especially of high-value and outstation cheques.



April 1st, 2011
Ziaulla Namani
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Keeping an eye on daily
As an NRI are you concerned about experiencing camel-back rides on pot-holed roads, spread of water-borne diseases through drinking water and sudden blackouts or electricity load shedding back home in India? 