RBI's New Cheque Clearing System: Starting today, October 4, 2025, India's cheque clearing system is getting a major upgrade. The Reserve Bank of India (RBI) is replacing the traditional batch-based ...
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 ...