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ReferenceTitleSize.KB
cbnbrf- 06/07
CBN Briefs 2006-2007 Edition
Published 2/25/2009
704742PDFIcon
cbnbrf-04/05
CBN Briefs 2004-2005 Edition
Published 6/14/2007
662KBPDFIcon

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Facts : 1/1/1995
National Clearing System Re-Visited:In January 1995, a revised clearing rule became operational to facilitate effective clearing of financial instruments and shorten the period of clearing. Consequently, inter-state cheque clearing time was reduced from 21 days to 15 days, while intra-state clearing has been reduced from 12 days to 9 days.
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