India

RTGS payment system will be available 24×7 from Dec 2020

For continuous flow of online transfer of large funds, the Reserve Bank of India has decided to make RTGS payment system available 24×7 from December. This was announced by Governor of Reserve bank on Friday. Currently, RTGS is available from 7am to 6pm on all working days of a week, except for second and fourth saturdays. NEFT was made available 24×7 on Dec 2019.

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