Para 13.1.2 — CAM

13.1.2 The reconciliation processes conform to various statutes and acts such as the RBI Act - 1934, Negotiable Instruments Act–1881, Payment and Settlement Systems Act – 2007, Information Technology Act– 2000 and various rules notified thereafter for all these acts. Furthermore, the RBI and Office of CGA issue guidelines from time to time on the handling of government transactions by the banks and they shall be applicable in addition to the provisions outlined in this chapter.