Reserve Bank has announced that the Real Time Gross Settlement System (RTGS) will be available 24 hours on all days of the year. Accordingly, RTGS 24x7x365 will be launched with effect from 00:30 hours (12:30 am) on 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.
Click here for official press release:
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