place from where the payment was demanded.
50. Concept of Core Banking System
Much emphasis has be laid on the point that since ... core banking system branch of
a bank in Delhi can also clear the outside cheques and further that cheque need not be
sent
appears from the above deposition that, there exists a system of core banking and on-line banking system by which it is very easy ... issued from the ICICI Bank, Kanpur Branch, and presented in the ICICI Bank, Gandhinagar Branch, and because of core banking system, Gandhinagar Branch on verifying
account number 62228 of Sri. K.Velayudhan Pillai on
migration to core-banking, changed as 57030066065.
Ext.P1 cheque was issued from ... clear that,
Crl.R.P.No.1906 of 2014
..14..
the core banking number 57030066065 corresponding to
old account number 62228 of Sri.K. Velayudhan
Fifty six thousand one
hundred twenty nine) drawn on The Karur Vysya Bank Ltd.,
Coimbatore. On presentation, the said cheque was dishonoured with
the remarks ... days,
almost all the branches of the bank are covered under Core Banking
Solutions (CBS) and in terms of guidelines issued by Reserve Bank
dated 15.06.2014 and 034063 dated 15.07.2014 all drawn on
IDBI Bank Ltd., H.No. 3-3-54/A, Kachiguda Station Road, Hyderabad ... almost all the branches of the bank are covered under Core Banking
Solutions (CBS) and in terms of guidelines issued by Reserve Bank of
India
days,
almost all the branches of the bank are covered under Core Banking
Solutions (CBS) and in terms of guidelines issued by Reserve Bank ... cheques are
payable at CBS Branches. The word „CBS‟ implies Core Banking
Solutions. As per guidelines no. DPSS CO No. 644/03.01.02/2007
Rupees One crore)
each all drawn on Union Bank of India, Sant Tukaram Road, Mumbai-
400009, Maharashtra. On presentation, the said cheques were
dishonoured with ... days,
almost all the branches of the bank are covered under Core Banking
Solutions (CBS) and in terms of guidelines issued by Reserve Bank
member banks of the consortium were cheated.
25. It is equally true that as per the procedure of the
consortium banking, a core committee ... were made to the core
committee. The core committee was constituted of the
members of the consortium banks. Thus any
representation which was made
days,
almost all the branches of the bank are covered under Core Banking
Solutions (CBS) and in terms of guidelines issued by Reserve Bank
days,
almost all the branches of the bank are covered under Core Banking
Solutions (CBS) and in terms of guidelines issued by Reserve Bank
