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 ...

Despite postponing Phase 2, the Reserve Bank of India (RBI) has revised the daily operating hours under the Cheque Truncation ...

Central bank postpones three hour approval rule to give banks more time as revised cheque presentation and confirmation hours ...

Reserve Bank of India postpones Phase 2 of faster cheque clearance under CCS, revises cheque processing hours. Phase 1 ...

The Reserve Bank on Wednesday postponed implementation of the second phase of the faster cheque clearance mechanism to ...

The second phase of the 'Continuous Clearing and Settlement on Realisation in Cheque Truncation System' was to be implemented by banks from Jan. 3.

The Reserve Bank has postponed the second phase of the faster cheque clearance mechanism to allow banks more time to streamline operations. Originally set for implementation on January 3, banks are ...

The Reserve Bank of India has postponed the second phase of the faster cheque clearing mechanism to allow banks more time to ...

RBI delays the second phase of the faster cheque clearance mechanism (CTS) to give banks more time to streamline operations.

RBI introduced continuous clearance under the Cheque Truncation System (CTS) to make cheque clearing faster and smoother by ...