RBI postpones cheque clearance rule: The Reserve Bank of India (RBI) has postponed Phase 2 of its check clearance expediting scheme. The scheme was scheduled to begin on January 3, 2026. Under this ...

RBI introduced continuous clearance under the Cheque Truncation System (CTS) to make cheque clearing faster and smoother by ...

NEW DELHI: (Oct 23) The National Payments Corporation of India (NPCI) on Thursday said that some teething issues persist in the continuous cheque clearing system. On October 4, 2025, the Reserve Bank ...

New guidelines are introduced for online reservation of general tickets through the website and mobile app of Indian Railway Catering and Tourism Corporation (IRCTC). The reforms aim to enhance the ...

India's cheque clearing system is set for a major overhaul from October 4, transitioning to a continuous, near real-time process. This significant change will drastically reduce fund transfer times ...

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 ...

Starting October 1, several changes are slated to kick in, involving government departments, banks, and even some of the regulatory bodies in India. The changes include NPS pension rules, banking ...

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 ...

“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 ...