Because one of my friend got the reply from RBI , under right to information.
This is wrong on the part of Post office to participate in the clearing house on behalf of customer.
Tomorrow anything goes wrong such as cheque lost, then who would be respoisible. All related banks are raising the hands on this matter , hence my friend approched RBI. And the alarming answer by RBI is Post ofice can not participate in clearing house which is serious i feel.
I thought it would be useful to members of this group.
If not useful , then i will stop.
Thanks |