Businessmen and individual customers of banks continue to face delays in cheque-clearance even 10 days after the introduction of the same-day cheque clearance facility introduced by the Reserve Bank of India (RBI) on October 4, 2025.There are delays in the clearance of cheques, which used to be cleared in two to three working days in the previous system, but now take five to seven days.“As per feedback from our Micro, Small and Medium Enterprise (MSME) members, among others, the clearance of cheques is taki ...