Ref. No.: RBI/2020-21/70
Date: 04.12.2020
The Chairman / Managing Director / Chief Executive Officer of member banks participating in RTGS
Madam/Dear Sir,
24×7 Availability of Real Time Gross Settlement (RTGS) System
A reference is invited to the Statement on Development and Regulatory Policies dated October 09, 2020 wherein Reserve Bank of India (RBI) had announced making available the Real Time Gross Settlement (RTGS) system round the clock on all days. Accordingly, it has been decided to make RTGS available round the clock on all days of the year with effect from 00.30 hours on December 14, 2020.
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The Surgical Manufacturers & Traders Association