Private banks, including HDFC Bank and ICICI Bank, have informed that they will start same-day cheque clearance from October 4, following the Reserve Bank of India's (RBI) updated settlement framework ...

Same Day Cheque Clearing Rule: Aligning with the Reserve Bank of India’s (RBI) new guidelines on quick clearing and settlement of cheques, HDFC Bank has announced that starting October 4, 2025, ...

During 2024-25, the RBI had added 54.13 metric tonnes of gold. The Reserve Bank of India has introduced real-time clearing of cheques. However, technology integration glitches, inadequate training of ...

Bank of Baroda (BOB) customers from February 1 will have to comply with changes made to its cheque payments system. As per the changes, customers are requested to provide the bank advance intimation ...

Cheque bounce consequences: How to avoid fines and legal trouble A bounced cheque can lead to serious consequences, including hefty fines, damaged credit scores, and even imprisonment. To avoid such ...

Customers can use the PPS facility by providing the cheque details through the branch office, online banking for individuals and businesses, Mobile Banking (PNB ONE), or SMS Banking. The details to be ...

Customers of Bank of Baroda (BoB) should be aware that from next month, it is proposed to make Positive Pay confirmation mandatory for cheques issued for Rs. 5,00,000 and more. Customers will be ...