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From same day credit to credit within hours, how RBI is revolutionising cheque clearance process

In a bid to speed up the cheque processing time from the current T+1 settlement period, RBI has announced that starting October 1, 2025, cheque handling will move away from the existing batch clearing ...
Business Today

Cheque settlement to become faster: RBI to roll out hours-long clearance from October 4

The Reserve Bank of India (RBI) will implement a new mechanism for cheque clearance starting October 4, 2025, allowing cheques to be cleared within hours of being presented, instead of the current ...