In today's digital age, having an online presence is more important than ever. A person's virtual identity becomes crucial right from social media to professional networking platforms in shaping the ...

A power outage at the Bangladesh Bank yesterday disrupted clearing operations across the banking sector, forcing the suspension of cheque settlements and electronic fund transfers for the day. The ...

Even after the Reserve Bank of India (RBI) introduced its new cheque clearing system on October 4, promising settlements within two hours, customers in Ahmedabad are still facing delays of four to ...

RBI's New Cheque Clearing System: Starting today, October 4, 2025, India's cheque clearing system is getting a major upgrade. The Reserve Bank of India (RBI) is replacing the traditional batch-based ...

New Delhi: Private banks, including HDFC Bank and ICICI Bank, have informed that they will start same-day cheque clearance from October 4, following the Reserve Bank of India's (RBI) updated ...

Flipkart is in the advanced stages of securing regulatory approvals to shift its headquarters from Singapore to India, with the transition targeted for later this year, TechCrunch has learned, as the ...

Mumbai (Maharashtra) [India] August 14 (ANI): In a major step towards faster clearance of cheques, the Reserve Bank of India (RBI) has announced same-day and hourly cheque clearances in phases.

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 ...

The Reserve Bank of India (RBI) will roll out a new mechanism from October 4 to expedite cheque clearance within hours. This shift from the existing time frame aims to improve efficiency by ...

Starting October 4, the Reserve Bank of India (RBI) will roll out a new system to clear cheques within hours of being presented, cutting down the current clearance time of up to two working days.