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 of India introduced ...
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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 ...
Nivedita Dash | Aug 14, 2025, 11:09 AM IST Banks will scan the checks received from their customers, send them to the clearing house and then submit them for approval during banking hours. By clicking ...
Mumbai: The Reserve Bank of India (RBI) has announced that bank cheques must be cleared within a few hours from October 4 -- down from the current clearance time of up to two working days. Under the ...
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