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CHEQUE CLEARANCE
Bank holiday today on Good Friday: Are banks open or closed today on April 3, 2026? Check RBI state-wise holiday listBank holiday today : Good Friday, April 3, 2026, sees many banks closed across India. However, banking operations continue as usual in stat...03 Apr, 2026, 09.45 AM IST- 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...24 Dec, 2025, 08.48 PM IST
- In Graphics: Post-dated clearing of cheques is historyUsage of cheques has plunged since the Covid pandemic. The growth in the value of cheques processed by banks fell 10% between 2019 and 2024...11 Oct, 2025, 12.48 AM IST
- RBI’S real-time move: Glitches mar new cheque clearance systemThe Reserve Bank of India's new real-time cheque clearance system is experiencing glitches, with customers reporting delays due to inadequa...10 Oct, 2025, 05.30 AM IST
- 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...30 Sep, 2025, 12.46 PM IST
- 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...23 Sep, 2025, 09.42 AM IST
- 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...14 Aug, 2025, 02.49 PM IST
- 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 ...13 Aug, 2025, 08.57 PM IST
- 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...08 Aug, 2024, 05.54 PM IST
- Your high value cheque may be rejected sans net, mobile banking or branch visitUnder the positive pay mechanism, the cheque issuer, i.e., you, will be required to verify certain details of the cheque issued by you to e...26 Aug, 2021, 04.03 PM IST
- Banks should compensate customers for local cheque clearance delay: RBIThis would mean that banks will have to compensate customers monetarily if a cheque to be credited in an account on Monday, for instance, g...14 Aug, 2012, 06.32 AM IST
- RBI to banks: Compensate customers for cheque clearance delayIn a big relief to the bank customers, the Reserve Bank today asked the banks to compensate them for delay in clearance of local cheques.13 Aug, 2012, 08.40 PM IST
- Banks told to issue multi-city cheques, not to levy clearance chargesThe RBI notification has also directed the banks not to levy any charge for clearance of such multi-city cheques.10 Aug, 2012, 10.23 PM IST
- SBI's 'limited usage' cheques upset well-heeled account holdersThe facility aimed at minimising frauds is causing problems to those who use them to pay large sums to buy MF units & other financial produ...19 May, 2012, 07.08 AM IST
- Transactions by cheques up marginally in April: RBICheque transactions worth over Rs 8.66 lakh crore were carried out in the country during April, 2011, a growth of over 0.7 per cent from th...13 Jun, 2011, 02.19 PM IST
- Banks to clear local cheques on same dayBanks will now clear local cheques deposited with them on same day or, at most, early next day. A spate of consumer complaints have forced ...03 Jun, 2009, 02.00 AM IST
- Mumbai tops fall in cheque clearancesWhile Rs 7,10,561 lakh crore worth of cheques were cleared in September 2008, this figure dropped to Rs 5,87,151 lakh crore in November of ...10 Feb, 2009, 08.35 AM IST
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