Business
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Cheques' Life Span Cut Short
credit into your bank account, be warned. From 1 April 2012, cheques, drafts, pay orders and banker's cheques will be valid for only three months. Currently, these(RBI) said that some people were taking undue advantage of the long validity period and circulating these instruments in the market like cash for six months."In public interest and in the interest of banking policy, it is necessary to reduce the
