In the context of Indian banking what is CTS 2010 standard
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eAnswers Team
In the context of Indian Banking CTS 2010 standard is “Cheque Truncation System” which means all the new cheques will set a minimum security features which will also ensure uniformity across all cheque forms issued by banks in the country as well as it will also help in presenting banks while scrutinising and recognising cheques of drawee banks in an image-based processing scenario according to RBI.
eAnswers Team
In the context of Indian Banking CTS 2010 standard is “Cheque Truncation System” which means all the new cheques will set a minimum security features which will also ensure uniformity across all cheque forms issued by banks in the country as well as it will also help in presenting banks while scrutinising and recognising cheques of drawee banks in an image-based processing scenario according to RBI.
eAnswers Team
In the context of Indian Banking CTS 2010 standard is “Cheque Truncation System” which means all the new cheques will set a minimum security features which will also ensure uniformity across all cheque forms issued by banks in the country as well as it will also help in presenting banks while scrutinising and recognising cheques of drawee banks in an image-based processing scenario according to RBI.