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 ...

Mumbai: The continuous cheque clearing system that came into effect earlier this month was meant to clear cheques within hours. This was to be achieved by banks scanning and sending images of ...

The Federal Government is on the verge of full implementation of a central trade clearing system with the conclusion of a linkage backbone that will facilitate trade processes and clearings across all ...