ChequeTruncation System (CTS) was implemented by Reserve Bank of India at New Delhi NCR Region Bankers Clearing House . With the discontinuanceof MICR Clearing w.e.f. 1-7-2009, CTS has covered all bank branches in New Delhi.
- Faster clearing cycle
- Better Customer Service -Enhanced Customer Window T+0 for Local Clearing and T + 1 for inter-city clearing.