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CHEQUE REALISATION
TDP, JD(U) support women’s reservation, flag ‘nari shakti’ pushByreddy Shabari of the Telugu Desam Party backed the women’s quota bills in the Lok Sabha, saying they mark a shift from women’s developmen...
Proptech startup Helium raise Rs 5 crore from Kunal Shah, Albinder Dhindsa, othersThe startup will use the fresh funds for product development and marketing. The tech-led real estate rental management startup leases homes...
RBI postpones 2nd phase of quicker cheque clearing mechanismThe Reserve Bank has postponed the second phase of its faster cheque clearance system. This move provides banks more time to adjust their o...
HDFC Bank to clear cheques same day from October 4, 2025: What it means and what you need to doHDFC Bank will implement same-day cheque clearance from October 4, 2025, aligning with RBI's new guidelines for quick settlement. Cheques w...
ICICI Bank to clear cheques same day from October 4, 2025: What customers must knowCheque clearance: ICICI Bank said that its latest move will ensure quicker fund availability, greater convenience, and reduced delays. ICIC...
From same day credit to credit within hours, how RBI is revolutionising cheque clearance processThe Reserve Bank of India (RBI) is set to revolutionize cheque clearing, aiming for same-day credit through continuous clearing and settlem...
Banks to clear cheques within few hours from Oct 4: RBIReserve Bank of India will launch a faster cheque clearing system. This new system aims to clear cheques within hours. The current process ...
RBI action: Cheques to be cleared within few hours now, closing in on NEFT, RTGS speed of transferThe Reserve Bank of India has stated that the clearance of cheques will be expedited to within a few hours. This announcement was made by t...
Sebi modifies NAV rules for mutual fundsCurrently, mutual fund investors with cheque values of less than Rs 2 lakh per application get the NAV of the product on the same day of de...
Bill for quick prosecution of cheque bounce cases tabled in Lok SabhaThe Negotiable Instruments (Amendment) Bill, 2017, also seeks do away with "unnecessary" litigation in cheque dishonour cases.
Government likely to amend Negotiable Instruments Act in monsoon session"We have worked out something. It will go for Cabinet approval and we are hoping to introduce it in the monsoon session," a senior finance ...
Levy cheque return fee only if customers at fault: RBI to banksIn order to ensure fair practices in banking services, the RBI has asked banks to levy cheque return charges if the customers are at fault.
- RBI to banks: Compensate customers for cheque clearance delay
In a big relief to the bank customers, the Reserve Bank today asked the banks to compensate them for delay in clearance of local cheques.
- How to liquidate existing investments
Here is a brief on how to go about liquidating your investment and the possible time frames needed to do the same.
- Careless markings on cheques may cost you a tidy sum
You have to follow some basic steps to ensure some writing errors don't cost you your hard-earned money.What is cheque truncation? | Which ...
- ET in a classroom: Cheque Truncation System
It is one of the major innovations in cheque clearing after the Magnetic Ink Character Recognition (MICR) cheques introduced in the 80s.
- Pay interest for delay in dollar-denominated cheques: RBI
Acknowledging the customer complaints on delay in collection of dollar-denominated cheques, RBI asked all urban co-operative banks to revam...