Tag Archives: Cheque Truncation System

RBI new rules for Cheque Clearing within Hours from 4th oct 205 Download Circular

By | October 4, 2025
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Introduction of Continuous Clearing and Settlement on Realisation in Cheque Truncation System RBI/2025-26/73 CO.DPSS.RLPD.No.S536/04-07-001/2025-2026 August 13, 2025 The Chairman / Managing Director / Chief Executive Officer of Banks participating in Cheque Truncation System/ National Payment Corporation of India Dear Sir / Madam, Introduction of Continuous Clearing and Settlement on Realisation in Cheque Truncation System Please… Read More »

Govt Cheque would be paid by Cheque Truncation System without Physical movement

By | January 2, 2016
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RBI/2015-16/278 DGBA.GAD.No. 2036/42.01.035/2015-16 December 31, 2015 The Chairman and Managing Director/ The Chief Executive Officer All Agency Banks Dear Sir/Madam Discontinuation of the requirement for Paper to Follow (P2F) for Central Government cheques under Cheque Truncation System With a view to enhancing efficiency in cheque clearing, Reserve Bank has introduced Cheque Truncation System (CTS) for… Read More »