RBI’s New Same-Day Cheque Clearance: A New Era of Speed and Transparency
For years, depositing a cheque meant waiting at least a day or two before the money showed up in your account. That waiting game is now set to end. Starting October 4, 2025, the Reserve Bank of India (RBI) will introduce a new same-day cheque clearance framework that clears payments within the same day — … Read more