Lending major Punjab National Bank (PNB) on Tuesday said it will make high-value cheque verification system mandatory to protect the bank customers against frauds. The bank will make 'Positive Pay ...

Delhi: In a move to protect the bank customers against large value cheque frauds, Punjab National Bank (PNB) to make Positive Pay System (PPS) mandatory for the cheque of Rs10 Lacs & above from today, ...

The PPS is a system developed by the National Payments Corporation of India (NPCI), which requires customers to reconfirm essential details (account number, cheque number, cheque alpha code, issue ...

In a move to protect bank customers against cheque frauds, Punjab National Bank (PNB) on Tuesday said it will make Positive Pay System (PPS) mandatory from 4 April for large transactions. As per ...