Image for representational purpose only 
Business

No proposal to withdraw cheque book facility: Finance ministry

The finance ministry today said there is no proposal to withdraw the bank cheque book facility as part of an exercise to promote digital transaction.

From our online archive

NEW DELHI: The finance ministry today said there is no proposal to withdraw the bank cheque book facility as part of an exercise to promote digital transaction.

The clarification comes in the backdrop of reports in a certain section of media that there is a possibility that the central government may withdraw bank cheque book facility in the near future, with an intent to encourage digital transactions.

This has been denied by the government and reaffirmed that there's no such proposal, it said in tweets.

"The Government of India has reaffirmed that there is NO proposal under consideration to withdraw the bank Cheque Book facility," said one of the tweets.

Post demonetisation, the government has been pushing digital transaction with an aim to move towards less cash society.

The She vote in Bangladesh and how it has placed the victorious BNP on notice

Trust will define Dhaka’s new era

ChatGPT and the Republic of Noddies

From exile to executive: Tarique Rahman’s long march to power

Russia poisoned Alexei Navalny with lethal dart frog toxin, say five European nations

SCROLL FOR NEXT