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Your Cheques To Be Cleared By Banks Within Hours From 4 October 2025: Check RBI Latest Rules
New Delhi: The Reserve Bank Of India (RBI) has issued notification on Introduction of Continuous Clearing and Settlement on Realisation in Cheque Truncation System, thus allowing for your cheques to ...
In simple words, a cheque is an order to a bank to pay a particular sum of money from the account of the issuer of the cheque, written on a specifically printed form. The issuer of the cheque is ...
The law related to cheque bounce has undergone a change in recent times in the UAE. The law on cheque bounce in the UAE is codified in the Federal Law No 18 of 1993 concerning commercial transactions ...
Mumbai: 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 ...
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