RBI asks banks to implement image-based Cheque Truncation System in all branches by September 30

The CTS is in use since 2010 and presently covers around 1,50,000 branches. All the erstwhile 1,219 non-CTS clearing houses (ECCS centres) have been migrated to CTS effective September 2020.

from Wealth-Economic Times https://economictimes.indiatimes.com/wealth/personal-finance-news/rbi-asks-banks-to-implement-image-based-cheque-truncation-system-in-all-branches-by-september-30/articleshow/81524939.cms