In one of the biggest operational shifts in Indian banking history , the Reserve Bank of India is about to make cheques move almost as fast as digital payments. Starting October 4, 2025 , the Cheque Truncation System (CTS) will move from slow, batch-based processing to continuous clearing with settlement on realisation — a transformation that will slash cheque clearance times from days to hours. For millions of individuals and businesses still relying on cheques for high-value transactions, this could mean same-day access to funds and a level of speed previously reserved for UPI, IMPS, and NEFT . This isn’t just an upgrade to the back office — it’s a game-changer for trust, liquidity, and cash flow in the Indian banking system. RBI to Roll Out Continuous Cheque Clearing from October 4, 2025 — Faster Credit, Same-Day Settlements The Reserve Bank of India (RBI) is set to modernise the Cheque Truncation System (CTS) by moving from batch-based cheque proces...
This certification is essential for all members of a Bank Trade Finance Department. The syllabus covers key aspects required by team members to effectively discharge their duties. Trade Finance is one of the traditional forms of bank finance in India. In view of reforms and liberalisation, this has gained a new significance. Many of the practices in trade finance have evolved over a period of time and some are guided by Ministry of Commerce and Reserve Bank of India, besides WTO and International Chamber of Commerce through UCPDC 600. With the increase in the volume of trade both domestically and internationally, there is a need for trade finance professionals from banks as well as corporates. The Objectives of this IIBF Examination is as under: (i) To provide candidates with competencies required to function as trade finance practitioners. (ii) To enable candidates to possess the ...
Request Neeraj Vetkar, Vikram Dasu, Arindam Nag, and Samardeep Subandh to run small capsule programs for the Billing Staff on the Joy of Safe ePayments DMart logs around 1,00,000 footfalls on weekdays across its 132 Stores spread across Maharashtra, Gujarat, Andhra Pradesh, Karnataka, Telangana, Tamil Nadu, Madhya Pradesh, Rajasthan, NCR and Chhattisgarh. On holidays the numbers go up by 75%. It has multiple stores in cities such as Ahmedabad, Baroda, Bengaluru, Hyderabad, Pune and Surat etc. The stores open at 10 am and customer can continue shopping till 10 pm i.e the closing time. The chief attractors of DMart stores are : 01) ...
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