Cheque Clearance In Just A Few Hours –Heres All About RBIs Latest Announcement
New Delhi: The Reserve Bank of India (RBI) on Thursday proposed measures to speed up clearance of cheques from cycle of up to two working days to just a few hours. RBI Governor Shaktikanta Das, announcing the outcome of the three-day Monetary Policy Committee (MPC) meeting proposed to transition Continuous Clearing of Cheques under Cheque…