Dubai: UAE-based Indian expats depositing cheques into their Indian bank accounts will soon see a major improvement in how quickly their money becomes available. Starting October 4, 2025, the Reserve ...

India's new real-time cheque clearance system is experiencing initial problems. Bank staff are facing challenges with new processes, and technical glitches are slowing down cheque processing.

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 ...

Pune: Account holders and merchants continue to face delays in cheque processing under the newly implemented single presentation cheque clearance system, despite the National Payments Corporation of ...

Indian customers using cheques that are not compliant with Cheque Truncation System (CTS), an online image-based cheque clearing facility, will face delay in clearance from now on, an industry source ...

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 ...

Bank customers will no longer have to wait two working days for cheque deposits to clear. Starting October 4, the Reserve Bank of India (RBI) will implement a faster settlement system promising funds ...

As is widely known, there was a severe cash crunch in India on the back of the demonetization of high value currency notes a year ago. To ease the pain, the government of India made a big push to ...