Search For "cheque truncation system"
UPI payments in India register steady growth YoY in November 2025
Updated : 3 months, 2 weeks ago IST
The Unified Payments Interface (UPI) continued its rapid rise in November 2025, crossing over 19 billion transactions worth Rs 24.58 lakh crore as of November 28, according to data released by the National Payments Corporation of India (NPCI).
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RBI to Introduce same day cheque credit system from Oct 4; within 3 hours
Updated : 7 months ago IST
According to the RBI's directive, issued on Wednesday to banks participating in the Cheque Truncation System (CTS) and the National Payments Corporation of India (NPCI), the new system will ensure that cheque processing, confirmation, and settlement take place in near real-time, significantl
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RBI announces to create repository to check unauthorised lending Apps
Updated : 1 year, 7 months ago IST
The Reserve Bank of India (RBI) has announced measures to check unauthorized lending Apps and to prevent consumers from such illegal practices.
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