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 ...

At present, there is no official confirmation from the BSE or NSE declaring January 15, 2026, as a trading holiday. The date ...

Muscat: Bank Nizwa, the leading and most trusted Islamic bank in the Sultanate of Oman, has announced the implementation of ...

Lien marking reduces usable balance despite healthy account totalsECS debits and cut-off timings often trigger unexpected ...

MUMBAI: RBI on Wednesday postponed phase 2 of its nationwide faster cheque clearance system, citing banks’ lack of operational readiness after issues in faced by some banks in phase 1. Phase 2 of the ...

Under the proposed Phase 2 guidelines, banks are required to clear or reject any cheque deposited over the counter within just three hours. The RBI further stated that the timing of the presentation ...

The Reserve Bank of India (RBI) has deferred the implementation of Phase 2 of its faster cheque clearance framework, which was scheduled to come into effect from 3 January 2026. In a circular issued ...

(MENAFN- IANS) Mumbai, Dec 24 (IANS) The Reserve Bank of India (RBI) announced on Wednesday that it has postponed the implementation of Phase 2 of the faster cheque clearance framework by banks, which ...

The Reserve Bank of India (RBI) has taken an important decision regarding people who make payments by check. The RBI has temporarily postponed the implementation of the new system under which banks ...

"Two recent cases suggest that the problem is more widespread and also more harmful in its effects than this simple narrative ...

As Francis Brennan marks a decade of his collection with Dunnes Stores, he talks to Deirdre McArdle about good manners, ...

Ecommerce funding remained resilient in 2025, with capital continuing to flow across stages, but under tighter scrutiny and ...