According to NRB, the new rule aims to enhance transparency and reduce risks in the disbursement of state funds.

Banks and financial institutions have been instructed to issue account payee cheques for transactions of one million rupees and above from the next fiscal. Issuing a circular today, Nepal Rastra Bank ...

A cheque is not a mere a piece of paper. It's imperative for you to know more to ensure that you don't end up losing your hard-earned money. 1. What is the difference between a bearer cheque and an ...

Such practice has to be avoided by all trial courts and crossing should be made in the cheques only with the endorsement "A/C payee" and not with the endorsement "& co.". Chennai: The scourge of ...