From Traditional CTS to CCSR: How RBI is Transforming Cheque Clearing in India
The Reserve Bank of India (RBI), vide its circular CO.DPSS.RLPD.No.S536/04-07-001/2025-2026 dated August 13, 2025, introduced the framework for Continuous Clearing and Settlement on Realisation (CCSR) in the Cheque Truncation System (CTS). Phase 1 of this initiative was implemented with effect from October 4, 2025. Subsequently, on Wednesday (24.12.2025) RBI issued a partial modification to the…
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Chandigarh UT Bank Holidays in 2026
The following are the public (bank) holidays for Chandigarh UT in 2026, declared under the explanation of Section 25 of the Negotiable Instruments Act, 1881. Holidays Date Day Republic Day January 26, 2026 Monday Holi March 03, 2026 Tuesday Hola March 04,2026 Wednesday Eid Al Fitr / Ramjan-Eid March 21, 2026 Saturday Ram Navami March 26,…
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Madhya Pradesh State- Bank holidays 2026
The following are the public (bank) holidays for Madhya Pradesh in 2026, declared under the explanation of Section 25 of the Negotiable Instruments Act, 1881. List of holidays Occasion Date Day Republic Day January 26 Monday Holi March 04, 2026 Wednesday Eid Al Fitr / Ramjan-Eid March 21, 2026 Saturday Ram Navami March 26, 2026 Thursday…
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Arunachal Pradesh State: Bank Holidays 2026
The following are the bank holidays for Arunachal Pradesh in 2026, declared under the explanation of Section 25 of the Negotiable Instruments Act, 1881. Date Day Occasion Jan 01 Wednesday New Year’s Day Jan 14 Wednesday Makar Shankranti Jan 26 Monday Republic Day Feb 20 Friday Statehood Day Mar 03 Tuesday Holi Mar 21 Saturday Id…
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Manipur State Bank Holidays 2026
Manipur State Government released Bank holidays through Notification No.LIB-101/1/2022-GAD- dated 24.11.2025i under explanation to section 25 of the Negotiable Instrument Act 1881. List of holidays Date Day Occasion/Festival Date 01.01.2026 Thursday NEW YEAR/ GAAN –NGAI- 26.01.2026 Monday REPUBLIC DAY 15.02.2026 Sunday LUI-NGAI-NI 04.03.2026 Wednesday YAOSANG 2nd DAY/HOLI 19.03.2026 Thursday SAJIBU NONGMPANBA (CHEIRAOBA) 21.03.2026 Saturday KUTUBA-E-RAMZAN…
Assam State Bank holidays 2026
The Government of Assam vide file No. e-file no-221561/ 440 Dated, 17 November 2025, declared following holidays for the year 2026 under section 25 of NI Act 1881. These holidays are applicable exclusively to the banks located within the State of Assam administration. Date Day Occasion/Festival Date 14.01.2026 Wednesdayy MAGH BIHU and TUSU PUJA 26.01.2026…
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