Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Old-fashioned and costly, cheques are a remnant of a labour-intensive banking era. But there are strong reasons ...

A viral post claimed that the RBI has changed the guidelines for filling out cheques. The archived version of this post can be found here. Claim: The Reserve Bank of India (RBI) has revised the ...

—Write clearly and legibly and always use permanent ink pens such as a ball pen. —Ensure no alteration/amendment/erasure on the face of the cheque as banks will reject such cheques. —Begin writing the ...

Bank customers who pay cheques from rival lenders into their accounts will be able to get the money cleared within one working day in fresh efforts to boost cash flow in the economy. At the moment, ...