Existing cheque clearing arrangement will continue till year end

.....New clearing arrangements will be put into effect with effect from January 1, 2014,  in the three CTS centres – Mumbai, Chennai and New Delhi - for clearing of non-CTS 2010 instruments. This separate clearing session will initially operate thrice a week (Monday, Wednesday and Friday), up to April 30, 2014. Thereafter, the frequency of such separate sessions will be reduced to twice a week up to October 31, 2014 (Monday and Friday) and further to weekly once (Monday).........

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