Payment and Settlement Systems

Continuous Clearing and Settlement on Realisation in Cheque Truncation System: Phase 2

RBI/2025-26/156 CO.DPSS.RLPD.No.S1039/04-07-001/2025-2026 December 24, 2025 The Chairman / Managing Director / Chief Executive Officer of Banks participating in Cheque Truncation System / National Payments Corporation of India Dear Sir / Madam, Continuous Clearing and Settlement on Realisation in Cheque Truncation System: Phase 2

RBI/2025-26/156 CO.DPSS.RLPD.No.S1039/04-07-001/2025-2026 December 24, 2025 The Chairman / Managing Director / Chief Executive Officer of Banks participating in Cheque Truncation System / National Payments Corporation of India Dear Sir / Madam, Continuous Clearing and Settlement on Realisation in Cheque Truncation System: Phase 2

Continuous Clearing and Settlement on Realisation in Cheque Truncation System: Phase 2