RBI introduced continuous clearance under the Cheque Truncation System (CTS) to make cheque clearing faster and smoother by ...
Questions are emerging over the efficiency of the much touted cheque truncation system. It had been expected that with the new system in place, bank customers countywide would enjoy shorter cheque ...
In a circular issued on December 24, the RBI said the second phase of the Continuous Clearing and Settlement (CCS) framework ...
The RBI has extended the deadline to implement the second phase of faster clearance of cheques. Hence, customers can continue ...
RBI postpones cheque clearance rule: The Reserve Bank of India (RBI) has postponed Phase 2 of its check clearance expediting scheme. The scheme was scheduled to begin on January 3, 2026. Under this ...
https://www.thehindubusinessline.com/money-and-banking/npci-reports-progress-in-continuous-cheque-clearing-minor-delays-persist/article70195303.ece Copy The National ...
The Reserve Bank of India (RBI) has postponed the January 3, 2026 deadline for implementing faster cheque clearance under its ...
The Saudi Central Bank has introduced an electronic cheque clearing service, allowing cheques to be cleared within one ...
The Central Bank of Nigeria (CBN) has lifted suspension placed on cheque instruments in the Nigerian clearing system. Consequently, cheque instruments will be allowed to pass through the clearing ...
The FINANCIAL — The UAE Central Bank on July 13 said it has implemented the new electronic image-based cheque clearing system, the Image Cheque Clearing System (ICCS), from July 12, thereby reducing ...