During 2024-25, the RBI had added 54.13 metric tonnes of gold. The Reserve Bank of India has introduced real-time clearing of cheques. However, technology integration glitches, inadequate training of ...

MUMBAI: The new cheque clearing system of the RBI with nationwide uniformity and much shorter time lag allowing credit/debit into/from an account within a few hours, is kicking in from today, October ...

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. Why does the US lead the world in the use of paper cheques?

Cashing a check might seem like a simple process, but it becomes complicated if the check is made out to your business. If your business is a sole proprietorship, this is not much of an issue since ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Investopedia / NoNo Flores A check is a written, dated, and signed document that instructs a ...

With close to a decade of writing and editing experience, Maisha specializes in service journalism and has produced work in the lifestyle, financial services, real estate, and culture spaces. She uses ...

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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 ...

A certified check is a safe payment option available at banks and credit unions. Many, or all, of the products featured on this page are from our advertising partners who compensate us when you take ...

https://www.thehindubusinessline.com/data-stories/data-focus/why-continuous-clearing-is-unlikely-to-boost-cheque-usage/article70131732.ece Copy RBI’s new continuous ...