In the second phase, the banks are required to clear cheques within three hours of realisation in the cheque truncation ...
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 ...
The second phase of the 'Continuous Clearing and Settlement on Realisation in Cheque Truncation System' was to be implemented ...
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