In fact, the Reserve Bank is implementing cheque clearance in two phases. The first phase, which began on October 4th, will allow cheques deposited in the morning to be cleared within a single day.
Hosted on MSN
Cheque settlement to become faster: RBI to roll out hours-long clearance from October 4
The Reserve Bank of India (RBI) will implement a new mechanism for cheque clearance starting October 4, 2025, allowing cheques to be cleared within hours of being presented, instead of the current ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results