No RTGS Service on 18th April for 14 Hours

Reserve bank of India (RBI) has informed that RTGS service will not be available from 12 am to 2 pm on 18^th 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 17^th April, 2021. Accordingly, RTGS service will not be available from 00:00 hrs to 14.00 hrs on Sunday, 18^th 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.