Faster cheque clearing, phase 2, postponed
RBIPostponed
By Clarifee teamAnnounced Last checked
Phase 2, planned for 3 Jan 2026, would have given banks only 3 hours to confirm a cheque. It is postponed until further notice; phase 1 stays live.
What it means for you
Cheque timings stay on the phase 1 schedule for now.
Official sources
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