Banks urged to issue only CTS cheques

.....With the CTS cheques, the electronic image of the cheque is transmitted to the drawee bank by the clearing house. It speeds up the cheque clearance process. Though banks are supposed to issue only CTS instruments, some continue to issue non-CTS drafts and it takes a longer time for clearance. This can be considered as deficiency of service and taken up in a consumer court as it affects the public........

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