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ID044866
Title ProperClearing Systems in India - Powering the Payment Infrastructure
LanguageENG
AuthorBisht Vijay
Summary / Abstract (Note)In the intricate machinery of a modern financial system, the clearing system stands as a critical, often unseen, engine ensuring the smooth and secure flow of funds between individuals, businesses and financial institutions. The clearing system is a complex set of procedures, technologies and regulatory frameworks that facilitate the transfer of money from one account to another, validating transactions, mitigating risks, and ultimately settling obligations.
`In' analytical NoteIn The Indian Banker 2025-12-01 [Vol. XIII Issue. 4]. 2025-12-01.
Journal SourceThe Indian Banker 2025-12 XIII, 4