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https://www.thehindubusinessline.com/money-and-banking/npci-reports-progress-in-continuous-cheque-clearing-minor-delays-persist/article70195303.ece Copy The National ...

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 ...

During 2024-25, the RBI had added 54.13 metric tonnes of gold. The Reserve Bank of India has introduced real-time clearing of cheques. However, technology integration glitches, inadequate training of ...

The Bank of Ghana (BoG) has announced a revised and stricter sanctioning regime to curb the issuance of dud cheques, mandating strict compliance from all banks and Specialised Deposit- Taking ...

The Bank of Ghana has introduced a tougher set of penalties aimed at curbing the persistent issue of dud cheques. These cheques mostly bounce back due to insufficient funds. Despite having an existing ...

Businessmen and individual customers of banks continue to face delays in cheque-clearance even 10 days after the introduction of the same-day cheque clearance facility introduced by the Reserve Bank ...

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 ...

Private banks, including HDFC Bank and ICICI Bank, have informed that they will start same-day cheque clearance from October 4, following the Reserve Bank of India's (RBI) updated settlement framework ...

India's cheque clearing system is set for a major overhaul from October 4, transitioning to a continuous, near real-time process. This significant change will drastically reduce fund transfer times ...

Check (or cheques) have long been a standard way for moving money from one bank account to another. They’re essentially little more than a codified document that puts the necessary information in a ...

Starting October 4, there's just one big session from 10 am to 4 pm where banks scan and send cheque images to the clearing house right away. The Reserve Bank of India (RBI) has rolled out new ...