Positive Pay System: Know how it prevents cheque fraud and secures high-value transactions
The Positive Pay System (PPS) by the RBI enhances cheque security by requiring issuers of cheques over ₹50,000 to ...
Eid-Ul-Fitr bank holiday 2025: Are banks open today for year-end bank closure?
RBI has canceled the Eid holiday for agency banks on March 31, 2025, to ensure uninterrupted government-related financial ...
Mahavir Jayanti 2025:
There is confusion about when exactly Mahavir Jayanti is and on which day banks will be closed because of the festival.
No Eid Break: Banks to Remain Operational on March 31 for Year-End Govt Transactions, Says RBI
RBI has mandated special clearing operations on March 31 to account for all government transactions for FY 2024-25. Banks ...
The Economic Times on MSN10d
RBI mandates banks to conduct special clearing operations on Monday
In a circular on Friday, the Reserve Bank of India (RBI) also said normal clearing timings under Cheque Truncation System (CTS) as applicable to any working "Monday" shall be followed on March 31, ...
Major Banking Changes From April 1: Revised ATM Charges, UPI Inactivity, Enhanced Security
Indian banks are set to introduce significant changes starting April 1, 2025, impacting ATM withdrawals, credit card perks, ...
Mid-Day7d
Eid al-Fitr 2025: Will banks, BSE, and NSE remain closed on March 31? Check RBI’s latest update
The Reserve Bank of India (RBI) has cancelled the Eid-ul-Fitr holiday for banks on March 31, 2025, to facilitate year-end ...
Rediff Money10d
RBI Mandates Bank Clearing Operations on March 31
The Reserve Bank of India (RBI) has mandated all banks to participate in special clearing operations on March 31, 2025, to ...
The Free Press Journal9d
RBI Hikes ATM Transaction Charges, Special Arrangements For Government Cheque Clearing On March 31
The Cheque Truncation System (CTS) will be used for this purpose, ensuring efficient processing of government cheques. Typically, cheque clearing takes place on Mondays, but the RBI has specified ...