During 2024-25, the RBI had added 54.13 metric tonnes of gold. The Reserve Bank of India has introduced real-time clearing of cheques. However, technology integration glitches, inadequate training of ...

I'm a freelance financial journalist and a regular contributor to U.S. News and CreditCards.com. I've written for Life + Money by Citi, Bankrate and The Balance, among others. You can find me on ...

The new system was part of the RBI’s broader effort to modernise cheque-based transactions and reduce settlement delays for ...

Candice Reeves is a financial writer based out of Nova Scotia. She specializes in personal finance, investing, and cryptocurrency. Her work is featured in leading publications across various ...

The Indian financial landscape has a variety of payment and fund transfer modes now—from cash, to debit and credit cards to mobile apps like Paytm—but for most of us, cheques remain an integral part ...

A cheque is a written document instructing a bank to debit your account and pay someone. Cheques represent a major chunk of all non-cash payments for each year. Hundreds of millions of paper cheques ...

Depositing a cheque is now easier than ever. When you receive a cheque, depositing the payment turns that piece of paper into money that you can actually spend. The funds sit safely in your account, ...

Lien marking reduces usable balance despite healthy account totalsECS debits and cut-off timings often trigger unexpected ...

Despite the convenience of PayNow, GrabPay, FavePay, and the countless payment apps that make our lives easier, there are still people and organisations that don’t accept online or credit card ...

MUMBAI: The new cheque clearing system of the RBI with nationwide uniformity and much shorter time lag allowing credit/debit into/from an account within a few hours, is kicking in from today, October ...