A PAPER TO PROVIDE MEANINGFUL INFORMATION IN THE BANK PASSBOOK/ ACCOUNT STATEMENTS

Download a copy of this paper in PDF EXECUTIVE SUMMARY 1.      Bank statements, at present, lack uniformity and do not necessarily depict or describe properly the transactions recorded therein unless supporting documentation viz., pay-in-slips (Deposits) or noting’s in cheque books (withdrawals) are referred to. 2.      This is on account of Core Banking Solution (CBS)…