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

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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...
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