Starting October 4, 2025, private banks like HDFC Bank and ICICI Bank will clear cheques on the same day, marking a major shift in India’s banking landscape. Following the Reserve Bank of India’s (RBI ...
Same Day Cheque Clearing Rule: Aligning with the Reserve Bank of India’s (RBI) new guidelines on quick clearing and settlement of cheques, HDFC Bank has announced that starting October 4, 2025, ...