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.

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 ...

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 ...

Starting October 1, several changes are slated to kick in, involving government departments, banks, and even some of the regulatory bodies in India. The changes include NPS pension rules, banking ...

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 ...

The Reserve Bank of India (RBI) has postponed the implementation of its proposed three-hour cheque clearance rule, offering banks additional time to prepare for faster processing norms. The decision ...

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 ...