Monday, December 17, 2012

RBI rejects govt cheque over sign mismatch

MUMBAI: A cheque issued by the state government through the Reserve Bank of India (RBI) to a Bombay high court judge recently ended up being dishonoured. That government bungling does not spare even a HC judge was evident when the highest bank didn't honour the cheque, issued for an amount less than Rs 3,000. The reason RBI cited for not clearing it was signature mismatch........ 

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