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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HDFC Bank to clear cheques same day from October 4, 2025: What it means and what you need to do
HDFC Bank has announced that from October 4, 2025, cheques will be cleared on the same day of presentation, in line with the Reserve Bank of India’s (RBI) new guidelines on quick clearing and ...
RBI Cheque Clearing Rule: RBI has made a major change to the cheque clearing system. Customers will now receive cheque funds within a few hours, instead of waiting for 1-2 days. The new rule comes ...
During 2024-25, the RBI had added 54.13 metric tonnes of gold. The Reserve Bank of India has introduced real-time clearing of cheques. However, technology integration glitches, inadequate training of ...
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 ...
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