The Reserve Bank of India has instructed all banks in the Nation to issue CTS 2010 cheque books to the customers. These are cheques conforming to the Cheque Truncation System (CTS) 2010 standard with uniform features.
If you have not yet surrendered your old cheque books, please do it immediately and get the new CTS 2010 cheque books since the old leaves will not be valid from January 2013.
If you have already issued post dated cheques to companies or individuals, make sure you replace them with the new ones or inform your bank to honor the old cheques when presented.
More details are available at: http://www.ias100.in/news_details.php?id=743
http://articles.economictimes.indiat...ncation-system
Check your cheque leaves before you issue them...
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