A- A A+
Last Updated : Mar 1 2021 3:34PM     Screen Reader Access
News Highlights
Nationwide 2nd phase COVID-19 vaccination drive to cover senior citizens & people above 45 years with co-morbidities begins today            PM Modi gets vaccinated at Delhi’s AIIMS; appeals people to come forward for vaccination to make country Corona free            India of 21st century needs post-harvest revolution & value addition amid increasing agriculture production, says PM            National COVID-19 recovery rate reaches to 97.07 per cent            Bidding for telecom spectrum auction to commence from today           

National News

Dec 10, 2020
9:03PM

RTGS to be available 24x7 from December 14, says RBI

AIR Pics
Just within a year of operationalising NEFT 24x7, the Reserve Bank has announced that the Real Time Gross Settlement System or the RTGS facility will now be available for round the clock transactions, with effect from 12:30 AM on Monday.

In a statement, RBI has informed that round the clock availability of RTGS will provide extended flexibility to businesses for effecting payments. It added that the system can also be leveraged to enhance operations of Indian financial markets and cross-border payments.

RTGS, which began its operations on 26th March, 2004 with a soft launch involving four banks, presently handles 6.35 lakh transactions daily for a value of 4.17 lakh crore rupees across 237 participant banks. RBI has informed that RTGS uses ISO 20022 format which is the best-in-class messaging standard for financial transactions. The feature of positive confirmation for credit to beneficiary accounts is also available in RTGS.

   Related News

Live Twitter Feed

Listen News

Morning News 1 (Mar) Midday News 1 (Mar) Evening News 28 (Feb) Hourly 1 (Mar) (1300hrs)
समाचार प्रभात 1 (Mar) दोपहर समाचार 1 (Mar) समाचार संध्या 28 (Feb) प्रति घंटा समाचार 1 (Mar) (1310hrs)
Khabarnama (Mor) 1 (Mar) Khabrein(Day) 1 (Mar) Khabrein(Eve) 28 (Feb)
Aaj Savere 1 (Mar) Parikrama 28 (Feb)

Listen Programs

Market Mantra 28 (Feb) Samayki 1 (Jan) Sports Scan 28 (Feb) Spotlight/News Analysis 28 (Feb) Employment News 28 (Feb) रोजगार समाचार 28 (Feb) World News 28 (Feb) Samachar Darshan 22 (Mar) Radio Newsreel 21 (Mar)
    Public Speak

    Country wide 12 (Mar) Surkhiyon Mein 28 (Feb) Charcha Ka Vishai Ha 11 (Mar) Vaad-Samvaad 17 (Mar) Money Talk 17 (Mar) Current Affairs 6 (Mar) Sanskrit Saptahiki 27 (Feb) North East Diary 28 (Feb)