In a circular issued on December 24, the RBI said the second phase of the Continuous Clearing and Settlement (CCS) framework ...

RBI has deferred Phase 2 of continuous cheque clearing to give banks more time, and modified presentation hours to 9 am-3 pm ...

RBI introduced continuous clearance under the Cheque Truncation System (CTS) to make cheque clearing faster and smoother by ...

The Reserve Bank of India has postponed the second phase of the faster cheque clearing mechanism to allow banks more time to ...

The Reserve Bank of India (RBI) has deferred the implementation of Phase 2 of its faster cheque clearance framework, which ...

The RBI has extended the deadline to implement the second phase of faster clearance of cheques. Hence, customers can continue ...

Phase 2, which was planned to start from January 3, 2026, was meant to make cheque clearance even faster. Banks would have ...

RBI on Wednesday postponed phase 2 of its nationwide faster cheque clearance system, citing banks’ lack of operational ...

The Reserve Bank has postponed the second phase of the faster cheque clearance mechanism to allow banks more time to streamline operations. Originally set for implementation on January 3, banks are ...

RBI delays the second phase of the faster cheque clearance mechanism (CTS) to give banks more time to streamline operations.

Central bank postpones three hour approval rule to give banks more time as revised cheque presentation and confirmation hours ...