Deadline for new cheque standard (CTS-2010) extended to March 31, 2013

The RBI extended the deadline given to shift to new cheques (CTS-2010 Standard cheques), with advanced security and standardized features, to March 31, 2013. Earlier, it had set a December 31 deadline.

What is Cheque Truncation? What are the Benefits of adopting CTS-2010 ? What is the process involved? What are the modes in which banks can participate in CTS ?

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Bharat Muni Samman to be given to Hema Malini

image For her extraordinary contributions to the field of art and culture, renowned film actress and Bharatanatyam exponent Hema Malini has been selected for the prestigious Bharat Muni Samman 2012.

About Bharat Muni Samman
Named in the honor of author of Natyashastra, Bharat Muni, the award has been instituted by Bhubaneswar-based organisation Kalingayana Touryatrikam.

Malini will be 5th person to receive the honor.

Previous recipients:

  • Thankamani Kutty
  • Pandit Birju Maharaj
  • Pandit Jasraj
  • Ratan Thiyam