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 ...
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No more waiting for 1-2 days: From October 4, banks will clear cheques within hours - Details inside
The Reserve Bank of India (RBI) has announced a major upgrade in the way cheque clearance will work across the country. Starting 4 October 2025, banks will clear cheques within a few hours instead of ...
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