When was rtgs started in india

In an official release, the central bank said: "In accordance with RBI's statement on development and regulatory policies announced in its monetary policy meet on October 9, RTGS will be available round the clock on all days of the year.

With this, RTGS transfers will be available for customers and inter-bank transactions round the clock, except for the interval between 'end-of-day' and 'start-of-day' processes, whose timings would be duly broadcasted through the system.

RTGS -- which began its operations on March 26, with a soft launch involving four banks -- presently handles 6. This can also be leveraged to enhance operations of Indian financial markets and cross-border payments," the central bank added. Facebook Twitter Linkedin EMail. Malaria Mukt Bharat. Wealth Wise Series How they can help in wealth creation.

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