RBI says existing CTS cheque books stay valid after Dec. 31, 2026
In short
RBI has said existing CTS cheque books will still work after December 31, 2026. This came after viral claims that new rules would make them invalid.
The clarification matters to bank customers because it confirms they can keep using current CTS cheques beyond that date.
What the reporting says
RBI clarified that existing CTS cheque books will remain valid after December 31, 2026, after viral claims said new rules could make them invalid. The update directly addresses confusion around cheque-book validity for bank customers using CTS cheques.
Why it matters
RBI clarified that existing CTS cheque books will remain valid after December 31, 2026, countering viral claims about a rule change. The move matters for bank customers and banks because it removes uncertainty around cheque-book use for CTS instruments.