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 ...

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 ...

Punjab National Bank has made Positive Pay System (PPS) mandatory for cheques of ₹10 lakh and above with effect from April 4. As per PPS, developed by the National Payments Corporation of India, a ...

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, ...

State-run Punjab National Bank (PNB) on Tuesday said high-value cheques of Rs 10 lakh and above will be cleared after reconfirmation with the issuer under the Positive Pay System (PPS) from April 4.

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 ...