RBI Update - Special Clearing Operations on March 31, 2025

It has been decided to conduct Special Clearing under CTS exclusively for Government Cheques on March 31, 2025 as detailed below:

Date Presentation Session Return Session March 31, 2025 (Monday) 17:00 Hours to 17:30 Hours 19:00 Hours to 19:30 Hours

It is mandatory for all banks to participate in the special clearing operations on March 31, 2025. All the member banks of CTS are also required to keep their inward clearing processing infrastructure open during the Special Clearing hours and maintain sufficient balance in their clearing settlement account to meet settlement obligations arising out of the Special Clearing.

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Thanks and Regards,