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 ...
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Cheque settlement to become faster: RBI to roll out hours-long clearance from October 4
The Reserve Bank of India (RBI) will implement a new mechanism for cheque clearance starting October 4, 2025, allowing cheques to be cleared within hours of being presented, instead of the current ...
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