In a significant customer-friendly move, the Reserve Bank of India (RBI) has announced a major overhaul of the cheque clearing system. Starting October 4, 2025, cheque payments will be processed ...
An exception item refers to banking transactions that can't be processed, often due to issues like insufficient funds or incomplete checks. Learn how automation simplifies resolving them.
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, ...
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