ICICI Bank said that its latest move will ensure quicker fund availability, greater convenience, and reduced delays. ICICI ...

Banks move to continuous cheque clearing from October 4, enabling near real-time settlements and quicker fund access, ...

Starting October 4, India’s cheque clearing process will operate in a continuous, near real-time manner, significantly ...

India's cheque clearing system is set for a major overhaul from October 4, transitioning to a continuous, near real-time ...

RBI’s new rules mean that the cheques will be cleared on the same day and funds will be in your account within hours ...

Account Number (Customer’s account number) Cheque Date – (Cheque issue date) Cheque Amount – (The amount should not be comma ...

Private banks like HDFC Bank and ICICI Bank will begin same-day cheque clearance from October 4, following the RBI’s new settlement framework. The move aims to make payments faster, smoother, and more ...

India's new real-time cheque clearance system is experiencing initial problems. Bank staff are facing challenges with new ...

Learn how the Reserve Bank of India's new Continuous Clearing and Settlement in the CTS will accelerate cheque processing from days to hours, starting Oct 4, 2025. This upgrade will provide quicker ...

Customers report cheque clearance taking over 48 hours despite RBI's new hourly settlement system, as banks cite scanning ...

Once settlement is complete, the presenting bank will release the funds to customers within one hour, subject to usual ...

India is transitioning to a near real-time cheque clearing system from October 4, drastically reducing fund transfer times to ...