RBI Action: Cheques to Be Cleared Within Hours - Key Highlights

Sachinpro badge , Last updated: 10 August 2024  
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1.New Announcement The Reserve Bank of India (RBI) has announced that cheque clearance will now be completed within a few hours, compared to the current timeframe of two to three days. This was disclosed during the Monetary Policy Committee meeting on August 8, 2024. 2. Objective The initiative a

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Sachin
(Finance Manager)
Category Accounts   Report

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