Reserve bank of India (RBI) has informed that RTGS service will not be available from 12 am to 2 pm on 18th April, 2021.
As per the press release by RBI, a technical upgrade of RTGS, targeted to enhance the resilience and to further improve the Disaster Recovery Time of the RTGS system, is scheduled after the close of business of 17th April, 2021. Accordingly, RTGS service will not be available from 00:00 hrs to 14.00 hrs on Sunday, 18th April, 2021.
However, the NEFT system will continue to be operational as usual during this period. RTGS Members will continue to receive event update(s) through system broadcasts.
In a major move, the RBI had last week decided to allow payment system operators to take direct membership of Centralised Payment Systems (CPS), such as RTGS and NEFT.