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 ...

A power outage at the Bangladesh Bank yesterday disrupted clearing operations across the banking sector, forcing the suspension of cheque settlements and electronic fund transfers for the day. The ...

As the US options market heads for a sixth straight year of record volume, some best-known names in the industry are growing nervous about its over-reliance on a small group of banks to guarantee ...

Star quarterback Brock Purdy will make his much-awaited return to the field when the San Francisco 49ers take on division rival Arizona Cardinals in Week 11 on Sunday. San Francisco coach Kyle ...

Once the backbone of global payments, the humble cheque is now a relic of a bygone era—kept alive only in niche markets and legacy systems as digital transactions reshape the financial world. In the ...

The National Payments Corporation of India (NPCI) has addressed significant delays in its new continuous cheque clearing system introduced on October 4, 2025. While improvements have been made, some ...

Even after the Reserve Bank of India (RBI) introduced its new cheque clearing system on October 4, promising settlements within two hours, customers in Ahmedabad are still facing delays of four to ...

The future of travel may soon appear at an airport near you. Biometric security company Clear is launching eGates at select airports across the country, matching passengers' faces with their IDs and ...

MUMBAI: The new cheque clearing system of the RBI with nationwide uniformity and much shorter time lag allowing credit/debit into/from an account within a few hours, is kicking in from today, October ...

Depositing a cheque no longer means waiting 1–2 days for the money to arrive. From October 4, 2025, the Reserve Bank of India (RBI) has introduced a Fast Cheque Clearance System, ensuring that cheques ...

New Delhi: 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 ...