RBI delays Phase 2 implementation of Cheque Truncation System to give banks more time to streamline operations.
RBI introduced continuous clearance under the Cheque Truncation System (CTS) to make cheque clearing faster and smoother by ...
In a circular issued on December 24, the RBI said the second phase of the Continuous Clearing and Settlement (CCS) framework ...
The Reserve Bank of India has postponed the second phase of the faster cheque clearing mechanism to allow banks more time to ...
The Reserve Bank has postponed the second phase of the faster cheque clearance mechanism to allow banks more time to streamline operations. Originally set for implementation on January 3, banks are ...
The Reserve Bank on Wednesday postponed implementation of the second phase of the faster cheque clearance mechanism to ...
RBI has deferred Phase 2 of continuous cheque clearing to give banks more time, and modified presentation hours to 9 am-3 pm ...