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Banks to process cheque clearances within hours from THIS date – Here’s what RBI’s new mechanism means for you
The RBI will introduce a new mechanism from October 4 for clearance of cheques within hours of being presented to banks, PTI reported. This will reduce the current time period of up to two working ...
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Now, get money from cheque within hours, RBI makes big changes in cheque clearing process, details inside
In a welcome step, the Reserve Bank of India (RBI) has made a major change in the process of clearing checks. From October 4, 2025, checks will now be paid in a few hours, whereas it used to take a ...
With market research confirming that consumer understanding of the cheque clearing process is still very low, the Cheque and Credit Clearing Company (C&CCC), has today (27 November 2009) launched an ...
Commercial banks are set to migrate to a single day cheque clearing cycle, starting from Monday (August 19th), marking a landmark achievement in the history of banking in the country.
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