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RTGS services to be available 24X7 from tonight Details here
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RTGS Services To Be Available 24X7 From Tonight
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Round-The-Clock RTGS Money Transfer Service To Be Functional From Midnight
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Farmers reject Centre s 3-point draft proposal; call for pan-India protests on Dec 14
Farmer bodies protesting against the contentious farm bills have rejected the proposed amendments Centre suggested on Wednesday. The decision was followed by measures to further intesify the protests against the recently formed agriculture laws. Dissenting farmers, who have been protesting at borders of Delhi for the past 14 days, have said that they will block Delhi-Agra and Delhi-Jaipur highways on December 12. They have also called for nationwide protests on December 14.
RTGS to be available 24x7 from December 14: RBI
The Reserve Bank of India (RBI) on Wednesday announced that the money transfer facility, Real Time Gross Settlement System (RTGS), will be available round the clock on all days of the year from December 14, 2020. With this, India will become one of the few countries in the world to operate its RTGS system round the clock throughout the year, says the central
Highlights
It is available on all working days.
You cant avail services on 2nd and 4th Saturdays.
New Delhi: Reserve Bank of India (RBI) has announced that Real Time Gross Settlement System (RTGS), used for large value transactions, will be made available round-the-clock from on all days from 00:30 hours of December 14.
India is one of the few countries to operate the system 24x7. Accordingly, RTGS 24x7x365 will be launched with effect from 00:30 hours on December 14, 2020, the central bank said in a statement.
Announcing the December 2020 bi-monthly RBI Monetary Policy decision, RBI Governor Shaktikanta Das said, customers will get round-the-clock availability of Real Time Gross Settlement (RTGS) System soon.