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Welcome to Whispers in the Corridors — Politcs. Bureaucracy. Corporate Fresh stories from the corridors of power, delivered daily.
Bureaucracy

Changing Trend: Cheque Clearance Delays

PSB customers report 3-4 day delays in cheque clearances (vs. next-day norm) due to RBI’s new system, with funds deducted upfront. Whispers predict a full digital shift by 2026, reducing physical cheques by 40%.  

By Whispers in the Corridors 1 min read

PSB customers report 3-4 day delays in cheque clearances (vs. next-day norm) due to RBI’s new system, with funds deducted upfront. Whispers predict a full digital shift by 2026, reducing physical cheques by 40%.

 

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