Day: August 18, 2020

Positive Pay System | How does it work?

High value bank cheque transactions are set to become safer with the Reserve Bank of India’s (RBI) stated intention to adopt the Positive Pay system for the payment of cheques valuing Rs 50,000 …

Partial Credit Guarantee Scheme (PCGS) 2.0

As part of Aatmanirbhar Bharat Abhiyan, announced by the Government, Partial Credit Guarantee Scheme (PCGS) 2.0 was launched in May 2020 to provide Portfolio Guarantee for purchase of Bonds or Commercial …