📝 One-liners · 59 cards
Operational Aspects of Handling Clearing / Collection / Cash
1986?
MICR clearing introduced at the four metros (Mumbai, Chennai, Calcutta, Delhi) — encoded MICR band for machine reading.
1 Feb 2008?
CTS launched in NCR (National Capital Region) — first grid.
2010?
Chennai grid operationalised; CTS-2010 cheque-standard issued by RBI.
2013?
Western grid (Mumbai) rolled out — CTS becomes pan-India.
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