QUERIES
Dear Friends
This is to inform you all that the Banks will not make payment of cheques / Drafts / Pay orders / Bankers Cheque, if they are presented beyond the period of 3 months from the date of such instrument, with effect from 01 Apr 2012.
For ready reference I am enclosing the Circular dated 04 Nov 2011 issued by Reserve bank of India.

5th November 2011 From India, Kumbakonam

Attached Files
File Type: pdf RBI Circular.pdf (31.7 KB, 818 views)

PARTICIPATING IN DISCUSSION:
Boss2966
Industrial Relations

Dear Sir,
Thanks you very much for update & Latest information, but sir in this circulation neither any signatures nor any stamp of RBI Govt. is it approved by Indian Govt or not?
Thanks,
Regards
J.N.Modi
5th November 2011 From India, New Delhi
Dear Sir,
Thanks you very much for update & Latest information, but sir in this circulation neither any signatures nor any stamp of RBI Govt. is it approved by Indian Govt or not?
Please Reply...................
5th November 2011
Dear Friends
This is the circular I received in my email from one of my friends. This is received in PDF Format which cannot be amended by someone. These amendments need not require any Government of India approval. It requires only some signature from authorised signatory. The RBI Governer might have approved this in the file note and on that basis only the appropriate authority will issue the letter.
Hence we can consider it as correct and approved.
5th November 2011 From India, Kumbakonam
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