https://www.taxtmi.com/news?id=59590 The RBI's new continuous cheque clearing system replaced the prior batch cycle with an accelerated regime to clear cheques within hours. NPCI reports it has provided positive/negative confirmations for all instruments presented and has advised banks to credit customer accounts for positively confirmed cheques. While most issues are resolved, residual teething problems persist at the central system and some banks; NPCI is coordinating remediation efforts to ensure same day payments and mitigate customer delays during the transition. en-us Thu, 23 Oct 2025 20:46:03 +0530 Thu, 23 Oct 2025 20:46:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=59590 The RBI's new continuous cheque clearing system replaced the prior batch cycle with an accelerated regime to clear cheques within hours. NPCI reports it has provided positive/negative confirmations for all instruments presented and has advised banks to credit customer accounts for positively confirmed cheques. While most issues are resolved, residual teething problems persist at the central system and some banks; NPCI is coordinating remediation efforts to ensure same day payments and mitigate customer delays during the transition. News - Thu, 23 Oct 2025 20:46:03 +0530 https://www.taxtmi.com/news?id=59590