RBI introduced continuous clearance under the Cheque Truncation System (CTS) to make cheque clearing faster and smoother by ...

RBI delays Phase 2 implementation of Cheque Truncation System to give banks more time to streamline operations.

“We’ve seen probably about an 80% reduction in pumping power needed,” Glessner noted, “so on a system that you might have needed 10 gallons per minute for a single-phase to meet your cooling demands, ...

Phase 1 of the system, which was implemented earlier this year, will continue to operate as usual. The RBI further stated ...

Feb. 28, 2025 — SoftBank Corp., ZutaCore and Hon Hai Technology Group (Foxconn) today announced that they implemented ZutaCore’s two-phase direct liquid cooling technology* 1 in an AI server using ...

In a circular issued on December 24, the RBI said the second phase of the Continuous Clearing and Settlement (CCS) framework ...