All remaining 18,000 bank branches to be under CTS by Sep: RBI

The cheque truncation system (CTS) is in use since 2010 and covers around 1,50,000 bank branches across three cheque processing grids. All the erstwhile 1,219 non-CTS clearing houses have since been migrated to the CTS now.

from Banking/Finance-Industry-Economic Times https://ift.tt/2MAzLCE