growth than the physical check-based system. The Reserve Bank of India is, therefore, taking necessary steps to provide …. The present paper primarily aims to study the impact of electronic banking on payment and clearing system and identifies …

Banking system of a country is the back bone of its financial system. The major challenging task of the bank is … clearing customers' cheques. In a developing country like India, the volumes of cheques sent for clearance are growing fast. So … an effective and efficient system of handling clearance process has to be developed. Reserve Bank of India (RBI) which is …

led to greater efficiency and financial stability. The present paper aims to analyze electronic payment & clearing system …