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Recent social media posts have sparked confusion by claiming that the Reserve Bank of India (RBI) has prohibited the use of black ink on cheques. The government's Press Information Bureau (PIB) has ...
Claim: RBI has banned the use of black ink on cheques. Truth: This claim is fake. Clarification: RBI has not issued any guidelines specifying or restricting ink colors for writing cheques. The public ...
India and the U.S. have inked an agreement to enhance cooperation in cybercrime investigations, according to the Ministry of External Affairs (MEA). The signing of the pact comes days before the ...
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The apex bank noted that cheques written in black ink will stand rejected while those written in blue or green will be valid. The reason for this was to prevent fraudulent activities. This ...