Search result for 'cheque clearing'

NPCI acknowledges teething issues in the new continuous cheque clearing system introduced by RBI. Efforts are underway to resolve delays.

Bank union reports teething problems with the new faster cheque clearing system. Software issues and lack of training cited.

RBI introduces faster cheque clearing from October 4, reducing clearance time to hours. Learn about the new CTS process and its phases.

The Reserve Bank of India kept interest rates unchanged, but raised concerns about potential risks to the banking sector, including excessive leverage and IT outages. Top bankers said the move is...

The Reserve Bank of India (RBI) proposes a public repository of digital lending apps to curb unauthorized players and enhance digital payments through UPI.