Home Tags Cheque payments will now be processed within a few hours instead of the earlier two-day clearance period. According to the new mechanism
Tag: cheque payments will now be processed within a few hours instead of the earlier two-day clearance period. According to the new mechanism
RBI introduces new rule to clear cheques within one day
New Delhi: The Reserve Bank of India (RBI) has implemented a new cheque clearance system, effective from October 4.
Under the new rule, called Continuous...