RBI clarified how cheque truncation and continuous clearing speed up settlements by using electronic images instead of physical cheques. The FAQs outline timelines, safeguards, and customer ...
Hosted on MSN
Cheque settlement to become faster: RBI to roll out hours-long clearance from October 4
The Reserve Bank of India (RBI) will implement a new mechanism for cheque clearance starting October 4, 2025, allowing cheques to be cleared within hours of being presented, instead of the current ...
The Reserve Bank of India (RBI) has announced a major change in cheque clearance that is set to transform the banking experience for millions of customers. Starting October 4, 2025, the time taken to ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Feedback