RBI's Cheque Truncation System | Finance Current Affairs | RBI Grade B 2025

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🔴RBI's Cheque Truncation System | Finance Current Affairs | RBI Grade B 2025 | SEBI Grade A 2025
The Reserve Bank of India (RBI) has announced a major reform in the Cheque Truncation System (CTS) by introducing continuous clearing and settlement on realisation, moving away from the existing batch processing system.
👉In this video, we cover:
✅ What is Cheque Truncation System (CTS)?
✅ Difference between batch processing and continuous clearing
✅ Benefits of settlement on realisation for banks & customers
✅ RBI’s phased implementation plan (2025–26)
✅ Why this reform is important for the Indian banking sector

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