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Continuous, Real-Time Clearing & Settlement in Cheque Truncation System New Banking Update Explained
The RBI has introduced Continuous Clearing and Settlement on Realisation in the Cheque Truncation System (CTS) — a move that will make cheque transactions faster and more efficient. In this video, we explain: What is Continuous Clearing & Settlement in CTS? How does it work? Key benefits for customers and banks Impact on cheque processing ...
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