Overview
- NPCI said all cheques presented since launch have received positive or negative confirmation through the central system.
- From Oct. 4 to date, the system facilitated positive clearance of 2.56 crore instruments worth over Rs 3,01,000 crore.
- Banks have been advised to credit customers' accounts once a cheque receives positive confirmation.
- NPCI acknowledged initial delays that inconvenienced some customers and expressed regret for those disruptions.
- Technical and process issues remain in the central platform and some banks, and efforts continue to ensure same-day payments for all cheques.