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RBI’s New Cheque Settlement System Faces Initial Glitches, NPCI Promises Quick Resolution
India’s banking system has taken a major technological leap with the rollout of the new continuous cheque settlement system—a reform designed to make cheque clearing faster and more efficient. However ...
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RBI’s New Rule: Faster Cheque Clearance, Reduced Fraud Risk and Quicker Customer Benefit
The Reserve Bank of India (RBI) has introduced new guidelines under the Cheque Truncation System (CTS) aimed at speeding up cheque clearance and reducing the scope for fraud. From October 4, 2025, ...
This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. ITMS is a web-based payments processing system that facilitates the ...
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