This #message #viral on #whatsapp seem to be creating #panic, #Relax No #circular by #RBI about #implementation of these from 1st April 2016
– Same day cheque clearing
– ECS being replaced by NACH
SOURCES –
1. RBI on same day cheque clearance in Oct 2008 http://ift.tt/1UXFkFw
2. http://ift.tt/22V1knp
3. No circular on NACH site – http://ift.tt/1UXFkFy
4. What is the diff between ECS & NACH
http://ift.tt/22V1n2z http://ift.tt/1MNzhgp
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