Name: Banks to clear cheques within few hours from Oct 4: RBI
Uploaded: Wed, 13 Aug 2025 21:17:07 +0530
Channel: Rediff Video Desk
Description: The RBI will introduce a new mechanism from October 4 for clearance of cheques within hours of being presented to banks, reducing the current time period of up to two working days.Cheques will be scanned, presented, and passed in a few hours and on a continuous basis during business hours.

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The RBI will introduce a new mechanism from October 4 for clearance of cheques within hours of being presented to banks, reducing the current time period of up to two working days. Cheques will be scanned, presented, and passed in a few hours and on a continuous basis during business hours.

Uploaded by: Rediff Video Desk on Wed, 13 Aug 2025 21:17:07 +0530

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Tags: Banks to clear cheques within few hours from Oct 4: RBI