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From same day credit to credit within hours, how RBI is revolutionising cheque clearance process

In a bid to speed up the cheque processing time from the current T+1 settlement period, RBI has announced that starting October 1, 2025, cheque handling will move away from the existing batch clearing ...
Newspoint on MSN

RBI defers 3-hour cheque clearance rule: What the delay means for banks and customers

The Reserve Bank of India (RBI) has postponed the implementation of its proposed three-hour cheque clearance rule, offering ...
The Financial Express

Explainer: Why cheque clearing has run into problems

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 ...
Indiatimes

Transition of cheque collection systems in banks

Dr Rao is currently teaching risk management in the institute of Insurance and Risk Management (IIRM). A career banker with Bank of Baroda, he held the position of General Manager - Strategic Planning ...
The Financial Express

Human error mars pilot for same-day cheque clearing

These mechanisms would help regulators and institutions align to supervise AI outcomes, detect weaknesses before they escalate, and ensure that AI-driven decision-making can be understood and, if ...
Your Story

NPCI flags initial hiccups in continuous cheque clearing rollout

National Payments Corporation of India (NPCI) has said that cheque clearing under the continuous clearing system is largely stable, though minor delays and teething issues still persist in the central ...