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ReferenceTitleSize.KB
TOT-Q4-2015
Terms of Trade Bulletin for Fourth Quarter 2015 Published 3/31/2016

667446PDFIcon
TOT-Q3-2015
Terms of Trade Bulletin for The Third Quarter 2015 Published 1/27/2016

1823179PDFIcon


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Facts : 1/1/1995
National Clearing System Re-Visited:In January 1995, a revised clearing rule became operational to facilitate effective clearing of financial instruments and shorten the period of clearing. Consequently, inter-state cheque clearing time was reduced from 21 days to 15 days, while intra-state clearing has been reduced from 12 days to 9 days.
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