Updated Apr 17, 2021 | 11:39 IST
RBI has directed banks to inform their customers so that they can plan their payment operations accordingly. In the meanwhile, users can take advantage of the National Electronic Fund Transfer (NEFT) service Bank update! RTGS will not be functional on these dates
New Delhi: If you are planning large transactions of Rs 2 lakh or above on Sunday, you will have to reschdule as RTGS will not be functional for several hours. Reserve Bank of India (RBI) has notified that bank users will not be able to use the real-time gross settlement (RTGS) after the close of business hours on April 17, 2021, till 2 pm on Sunday, April 18, 2021.