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ABP News on MSNRBI Overhauls Cheque Clearing; Same-Day Processing From October 4
The RBI stated that cheques received by drawee banks between 10 am and 11 am must be confirmed, either positively or ...
Jeremiah Jackson serves an RBI single to shallow center field, plating his third RBI of his MLB career and extending the Orioles' lead to 3-0 ...
India's central bank said on Tuesday foreign investors may invest the surplus balance in their so-called "vostro" accounts ...
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India Today on MSNRBI's new rule: Cheques to clear in just hours starting this date
Under the new rule, cheques will be scanned, presented, and cleared continuously during business hours, reducing the clearing ...
Any additional room for easing could open up if growth underperforms and the US Fed cuts rates to counter labour market ...
AM and 11:00 AM will have to be confirmed positively or negatively by them by 2:00 PM, which is 3 hours from 11:00 AM.
In simple terms, foreign banks that hold rupees for trade can now invest those funds in Indian government bonds instead of ...
Skylan Joyner reached down to pick up a baby goat. “This is greatness,” he said as he petted it while in his arms.
The Indian rupee's trajectory will depend on developments around U.S. tariffs and the Reserve Bank of India's response if the ...
The Reserve Bank of India (RBI) has announced that persons resident outside India who hold special rupee vostro accounts for ...
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RBI Brings Lightning-Fast Cheque Clearance: From This Date, They’ll Clear in Hours, Not Days
From October 4, 2025, the RBI will cut cheque clearance time from up to two days to just a few hours under a new Continuous ...
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