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ARTICLE · 08 MAY 2025

RBI Withdraws 20 Circulars Related To Cheque Guidelines

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The Reserve Bank of India (RBI) vide its Notifications No. RBI/2025-26/21 DOR.CO.SOG(Leg) No.S248/09.08.024/2025-26 dated April 08, 2025, titled "Review of Regulatory Guidelines – Withdrawal of Circulars", has announced the withdrawal of 20 circulars related to cheque processing and customer service guidelines.

IndiaFinance and Banking
SNG & Partners
SNG & Partners

The Reserve Bank of India (RBI) vide its Notifications No. RBI/2025-26/21 DOR.CO.SOG(Leg) No.S248/09.08.024/2025-26 dated April 08, 2025, titled "Review of Regulatory Guidelines – Withdrawal of Circulars", has announced the withdrawal of 20 circulars related to cheque processing and customer service guidelines.

This move follows a continued review under the recommendations of the Regulation Review Authority (RRA) 2.0, aimed at simplifying regulatory compliance and removing outdated instructions.

The withdrawn circulars, dating from 1972 to 2002, covered various operational aspects such as temporary credit limits during suspended clearing, introduction of MICR technology, immediate credit for local and outstation cheques, payment of interest for delayed collections, and procedures for dishonoured cheques.

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