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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 ...
The New Indian Express

RBI to hold trial-run for new cheque truncation system on Oct 3

“To facilitate transition to continuous clearing, it has been decided to modify session timings and conduct special clearing in the cheque truncation system (CTS) on October 3,” RBI said. MUMBAI: The ...