The RBI has extended the deadline to implement the second phase of faster clearance of cheques. Hence, customers can continue ...

RBI delays Phase 2 implementation of Cheque Truncation System to give banks more time to streamline operations.

MUMBAI: The Reserve Bank (RBI) has deferred the rollout of the phase 2 of its faster cheque clearance framework, which was scheduled to be effect January 3, 202 ...

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 ...

Same Day Cheque Clearing Rule: Aligning with the Reserve Bank of India’s (RBI) new guidelines on quick clearing and settlement of cheques, HDFC Bank has announced that starting October 4, 2025, ...

In a landmark move aimed at expediting cheque clearance, the Reserve Bank of India (RBI) has declared its plan to introduce same-day and hourly cheque clearances. The announcement was made in a ...

Pope Leo XIV said, "You cannot follow both Christ and the cruelty of kings. A leader who mocks the weak, exalts himself, and preys on the innocent is not sent by God. He is sent to test you. And many ...

Know how to write a cheque by following this five-step method so you can accurately make payments and deposits across Canada. Many or all of the products on this page are from partners who compensate ...

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. MAS had previously announced that corporate cheques would be ...