Round-the-clock RTGS from December 14
NEW DELHI: The Real Time Gross Settlement System (RTGS) for high-value transactions will be available round-the-clock on all days from 00:30 hours of December 14, making India one of the few countries to operate the system 24×7. In October, the RBI had announced that RTGS will be available round-the-clock on all days of the year. […]
RTGS transfers can be done 24×7 from December
NEW DELHI: In a move to facilitate more convenience for online fund transfers, the Reserve Bank of India (RBI) has decided to make Real Time Gross Settlement (RTGS) system available round the clock from December 2020. The decision comes after the RBI made the National Electronic Funds Transfer (NEFT) system available round the clock throughout […]