Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag India's RBI introduces faster cheque clearing system, aiming for hour-long processing by October.

flag The Reserve Bank of India (RBI) is implementing a new cheque clearing system starting October 4, 2025, aiming to clear cheques within hours instead of up to two working days. flag The Cheque Truncation System (CTS) will transition to a continuous clearing and settlement model, enhancing efficiency and customer experience. flag Phase 1 begins on October 4, with Phase 2 starting January 3, 2026, enforcing stricter confirmation timelines for cheque processing.

20 Articles