Tag: India Finance


  • 3-Hour Cheque Clearance: RBI and Banks Roll Out Cheques

    3-Hour Cheque Clearance: RBI and Banks Roll Out Cheques

    What is changing with 3-Hour Cheque Clearance? India’s cheque processing landscape is evolving. The Reserve Bank of India (RBI) has introduced a 3-hour cheque clearance framework, aiming to convert cheque deposits into available cash within a few hours rather than the traditional 24- to 48-hour window. This shift could significantly improve cash flow for individuals…