Tag: Banking Technology


  • RBI CCS: Continuous Check Clearing in Hours for Banks

    RBI CCS: Continuous Check Clearing in Hours for Banks

    What is RBI CCS? The Reserve Bank of India (RBI) has introduced the Continuous Check Clearing System (CCS) to reinvent how cheques are processed. Historically, cheque clearances could stretch over days; with the new CCS, cheques submitted within the designated banking hours begin a continuous processing cycle, aiming to credit the recipient’s cash account within…