The National Payments Corporation of India (NPCI) on Thursday said that some teething issues persist in the continuous cheque clearing system. On October 4, 2025, the Reserve Bank of India introduced ...
India’s new real-time cheque clearance system, introduced by the Reserve Bank of India to speed up payments, is facing early teething issues. Many customers have reported delays as the bank staff is ...
Industry-wide moves to “put cheques firmly in the 21st century” – with new technology enabling them to clear by the next day – will start in October. A new system will enable images of cheques to be ...