In a circular issued on December 24, the RBI said the second phase of the Continuous Clearing and Settlement (CCS) framework ...
The Reserve Bank of India has postponed the second phase of the faster cheque clearing mechanism to allow banks more time to ...
RBI has deferred Phase 2 of continuous cheque clearing to give banks more time, and modified presentation hours to 9 am-3 pm ...
The new system was part of the RBI’s broader effort to modernise cheque-based transactions and reduce settlement delays for ...
The RBI has extended the deadline to implement the second phase of faster clearance of cheques. Hence, customers can continue ...
RBI delays the second phase of the faster cheque clearance mechanism (CTS) to give banks more time to streamline operations.
RBI on Wednesday postponed phase 2 of its nationwide faster cheque clearance system, citing banks’ lack of operational ...
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Why your cheque bounces even when money is in the account
Lien marking reduces usable balance despite healthy account totalsECS debits and cut-off timings often trigger unexpected ...
The Reserve Bank of India (RBI) has deferred the implementation of Phase 2 of its faster cheque clearance framework, which ...
Phase 1 of the system, which was implemented earlier this year, will continue to operate as usual. The RBI further stated ...
MUMBAI: The Reserve Bank (RBI) has deferred the rollout of the phase 2 of its faster cheque clearance framework, which was scheduled to be effect January 3, 202 ...
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