Current Affairs · Banking Sector Reforms
The Reserve Bank of India (RBI) introduced a mechanism for continuous clearing under the Cheque Truncation System (CTS) to transition from batch processing. Under the revised guidelines, clearing activities are integrated into standard business hours. What is the standard end time for the operational clearing window of such financial systems?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 13:00 PM
- 27:00 PM✓
- 310:00 AM
- 45:00 PM
Correct answer
7:00 PM
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