RBI to speed up cheque processing to near real-time for Indian bank customers from October Dubai: Indian expats in the UAE who still use cheques for transactions back home will soon see money move ...

India's cheque clearing system is set for a major overhaul from October 4, transitioning to a continuous, near real-time process. This significant change will drastically reduce fund transfer times ...

In a major reform for India’s banking sector, the Reserve Bank of India (RBI) has announced the rollout of a faster cheque clearance system that will allow funds to be credited to customer accounts on ...

RBI to roll out new system that reduces cheque clearance times from days to just few hours Dubai: UAE-based Indian expats depositing cheques into their Indian bank accounts will soon see a major ...