The RBI’s decision to improve the entire clearing process comes with the aim of facilitating the instant clearance of cheques ...

ICICI Bank said that its latest move will ensure quicker fund availability, greater convenience, and reduced delays. ICICI ...

RBI implements same-day cheque clearance from October 4. From October 4, banks will be clearing cheques the same day, as required by the Reserve Bank of India's updated settlement framework that aims ...

Account Number (Customer’s account number) Cheque Date – (Cheque issue date) Cheque Amount – (The amount should not be comma separated) Beneficiary Name – (Beneficiary of the cheque issued by account ...

RBI's New Cheque Clearing System: Starting today, October 4, 2025, India's cheque clearing system is getting a major upgrade. The Reserve Bank of India (RBI) is replacing the traditional batch-based ...

If you’ve deposited a cheque in the bank and frequently had to wait for the money to arrive – possibly even up to two days – here is some great news for you. This wait has always been an inconvenience ...

India's cheque clearing system is set for a major overhaul from October 4, transitioning to a continuous, near real-time ...

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 ...

A series of crucial financial and regulatory changes is scheduled to be implemented from 1 October 2025. These decisions include the Reserve Bank of India's (RBI) amendments to interest on advances, ...

Digital payments have become the norm in our modern economy. While paper-based payment methods, such as cash and checks, are still widely accepted, the electronic movement of money is usually a more ...