Seychelles has been gradually phasing out cheques, with the government having stopped accepting personal cheques effective May 2025. Effective May this year, it will stop accepting cheques from ...
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RBI’s New Cheque Settlement System Faces Initial Glitches, NPCI Promises Quick Resolution
India’s banking system has taken a major technological leap with the rollout of the new continuous cheque settlement system—a reform designed to make cheque clearing faster and more efficient. However ...
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RBI Hikes ATM Transaction Charges, Special Arrangements For Government Cheque Clearing On March 31
Mumbai: The Reserve Bank of India (RBI) has announced a significant change for ATM users, effective from May 1, 2025. Under the new guidelines, customers will be charged Rs 23 per transaction, up from ...
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