23 Sep 2025 | 3 Mins Read

ICICI Bank adopts new RBI cheque clearing rules October launch

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ICICI Bank will clear all cheques on the same day of presentation from October 4, 2025, following RBI directions for quick clearing and settlement. This change aims to increase convenience, reduce delays, and provide faster fund access. RBI-mandated continuous settlement will start with daily scanning between 10 a.m. and 4 p.m.