BusinessPhoto: News18Hi BusinessRBI Clarifies No Expiry for Current Cheque Books After Dec 31
The Reserve Bank of India (RBI) has clarified that cheque books with current CTS security features will remain valid beyond December 31, 2026. Despite viral social media posts claiming new cheque books with enhanced security will be mandatory from January 1, 2027, RBI stated no changes in cheque book rules will occur, and customers need not replace their existing cheque books.
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