17K views · 94 reactions | Cheque clearing process | Telugu Law House | Facebook
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Sonal Singh | Personal Finance | Investment on Instagram: "Starting October 4, 2025, the Reserve Bank of India (RBI) is rolling out a new cheque clearance system that will make the process much faster. Instead of waiting up to two working days, cheques will now get cleared within just a few hours. This shift is part of a two-phase upgrade to the existing Cheque Truncation System (CTS). The system is moving away from batch processing and moving towards continuous clearing and settlement. * Phase
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