The Cheque Truncation System goes live in the next 18 days. This will see old cheques replaced with new design cheques that are compliant with truncation system. Kenya Bankers Association (KBA) Chief ...

The cheque Truncation System (CTS) was initially scheduled to go live in June, but was pushed forward to August 15 following low compliance rate. This was attributed to printing constraints, which ...

RBI clarified how cheque truncation and continuous clearing speed up settlements by using electronic images instead of physical cheques. The FAQs outline timelines, safeguards, and customer ...

The Reserve Bank on Wednesday postponed implementation of the second phase of the faster cheque clearance mechanism to provide more time to banks to streamline their operations. Photograph: Francis ...

Mumbai: You need to see just one harried trader making his daily trip to the bank, asking whether that outstation cheque has been honoured or not, to realise how long inter-city cheque clearances take ...

MUMBAI: RBI on Wednesday postponed phase 2 of its nationwide faster cheque clearance system, citing banks’ lack of operational readiness after issues in faced by some banks in phase 1. Phase 2 of the ...

https://www.thehindubusinessline.com/money-and-banking/npci-reports-progress-in-continuous-cheque-clearing-minor-delays-persist/article70195303.ece Copy The National ...