MUMBAI: The new cheque clearing system of the RBI with nationwide uniformity and much shorter time lag allowing credit/debit into/from an account within a few hours, is kicking in from today, October ...

Same Day Cheque Clearing Rule: Aligning with the Reserve Bank of India’s (RBI) new guidelines on quick clearing and settlement of cheques, HDFC Bank has announced that starting October 4, 2025, ...

During 2024-25, the RBI had added 54.13 metric tonnes of gold. The Reserve Bank of India has introduced real-time clearing of cheques. However, technology integration glitches, inadequate training of ...

ICICI Bank has announced that from October 4, 2025, cheques will be cleared on the same day of presentation, in line with the Reserve Bank of India’s new guidelines on quick clearing and settlement of ...

https://www.thehindubusinessline.com/data-stories/data-focus/why-continuous-clearing-is-unlikely-to-boost-cheque-usage/article70131732.ece Copy RBI’s new continuous ...

The RBI’s move to implement a continuous cheque clearing and settlement system has run into early hiccups, leaving bank customers waiting for more than two days for their cheques to be cleared, ...

Mumbai: The continuous cheque clearing system that came into effect earlier this month was meant to clear cheques within hours. This was to be achieved by banks scanning and sending images of ...