Lien marking reduces usable balance despite healthy account totalsECS debits and cut-off timings often trigger unexpected ...

22 April 2006Abu Dhabi: Banks should be held responsible jointly with drawers for dishonoured cheques, a legal consultant said."Banks can check the problem of bad cheques through rationalising the ...

(MENAFN- Khaleej Times) A businessman based in Dubai for the last 20 years is facing the consequences of being too credulous. He has already spent a year and a half in jail, has been divested of over ...

RBI postpones cheque clearance rule: The Reserve Bank of India (RBI) has postponed Phase 2 of its check clearance expediting scheme. The scheme was scheduled to begin on January 3, 2026. Under this ...

A businessman based in Dubai for the last 20 years is facing the consequences of being too credulous. He has already spent a year and a half in jail, has been divested of over Dh480 million and is ...