The Reserve Bank of India (RBI) has taken a groundbreaking step in modernising India’s banking infrastructure. In 2025, it announced the launch of Continuous Clearing and Settlement on Realisation (CTS-T0), an initiative under the Cheque Truncation System (CTS) that will completely transform how cheques are processed in the country.Until now, cheque clearance in India typically … Continue reading Continuous Cheque Clearing by Reserve Bank of India (RBI) | Latest Update 2025-26