Reserve Bank of India, today has informed that
01) during the transition period (i.e. up to December 31, 2013), the existing clearing arrangements will continue i.e Non-CTS 2010 and CTS 2010 cheques will be continued to be accepted in CTS Grid.
02)All cheque issuing banks are advised to make efforts to withdraw the non-CTS-2010 Standard Cheques in circulation.
03)Banks can continue to present such non-CTS-2010 instruments in Express Cheque Clearing System (ECCS) centres and MICR CPCs till such time the CPCs are in operation.
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