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Saturday, November 12, 2011

Bank Instruments to have validity of 3 months only w.e.f. 01.04.2012


Dear All,

RBI has issued a notification that w.e.f. 01.04.2012 cheques / DDs / POs, etc. will have a validity of 3 months only as against the present validity of 6 months.

Notification attached herewith FYI.


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warm regards,

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