Statements (27)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
gptkb:city
|
| gptkbp:abbreviation |
gptkb:CTS
|
| gptkbp:appliesTo |
All banks in India
|
| gptkbp:benefit |
Reduces fraud
Reduces operational cost Speeds up settlement |
| gptkbp:category |
Financial services
Banking technology |
| https://www.w3.org/2000/01/rdf-schema#label |
Cheque Truncation System
|
| gptkbp:introduced |
gptkb:Reserve_Bank_of_India
|
| gptkbp:introducedIn |
gptkb:India
gptkb:New_Delhi |
| gptkbp:launched |
2010
|
| gptkbp:purpose |
Eliminate physical movement of cheques
Faster cheque clearing Reduce cheque clearing time |
| gptkbp:regulates |
gptkb:Reserve_Bank_of_India
Cheque clearing process |
| gptkbp:relatedTo |
gptkb:Electronic_clearing_service
Banking Cheque |
| gptkbp:replacedBy |
Physical cheque movement
|
| gptkbp:technology |
Image scanning
Secure data transmission |
| gptkbp:uses |
Image-based cheque processing
|
| gptkbp:bfsParent |
gptkb:DIAS_Cheque_Truncation_System
|
| gptkbp:bfsLayer |
7
|