RBI clarified how cheque truncation and continuous clearing speed up settlements by using electronic images instead of physical cheques. The FAQs outline timelines, safeguards, and customer ...
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Now, get money from cheque within hours, RBI makes big changes in cheque clearing process, details inside
In a welcome step, the Reserve Bank of India (RBI) has made a major change in the process of clearing checks. From October 4, 2025, checks will now be paid in a few hours, whereas it used to take a ...
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Why your cheque bounces even when money is in the account
Lien marking reduces usable balance despite healthy account totalsECS debits and cut-off timings often trigger unexpected cheque returnsTechnical errors cause bounces even without balance issues At ...
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