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ICICI Bank will enable same-day cheque clearance from October 4, 2025, under RBI's new continuous settlement system. Customers must deposit cheques before cut-off and use Positive Pay for high-value cheques. Positive Pay is mandatory above ₹5 lakhs. RBI's phased transition replaces the current batch-based CTS clearing process.
short by / 12:18 pm on 28 Sep
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