RBI delays the second phase of the faster cheque clearance mechanism (CTS) to give banks more time to streamline operations.

RBI has deferred Phase 2 of continuous cheque clearing to give banks more time, and modified presentation hours to 9 am-3 pm and confirmation hours to 9 am-7 pm ...

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.

The Reserve Bank of India has postponed the second phase of the faster cheque clearing mechanism to allow banks more time to ...

Reserve Bank of India postpones Phase 2 of faster cheque clearance under CCS, revises cheque processing hours. Phase 1 continues as usual.

MUMBAI: The Reserve Bank (RBI) has deferred the rollout of the phase 2 of its faster cheque clearance framework, which was scheduled to be effect January 3, 202 ...

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 second phase of the 'Continuous Clearing and Settlement on Realisation in Cheque Truncation System' was to be implemented by banks from Jan. 3.

RBI postpones cheque clearance rule: The Reserve Bank of India (RBI) has postponed Phase 2 of its check clearance expediting scheme. The scheme was scheduled to begin on January 3, 2026. Under this ...

The Reserve Bank of India (RBI) has postponed the implementation of its proposed three-hour cheque clearance rule, offering banks additional time to prepare for faster processing norms. The decision ...

The RBI has extended the deadline to implement the second phase of faster clearance of cheques. Hence, customers can continue ...