RBI extends timing for RTGS transactions to 04.30 in evening
- Sunday, December 20, 2009, 5:38
- RBI / FEMA
RBI/2009-10/265 , Date: December 18, 2009
DPSS (CO) RTGS No. 1313/ 04.04.002 / 2009 – 2010
Please refer to our previous circular RBI/2008-09/362 (DPSS CO RTGS No.1288/04.04.002/2008-2009) dated January 28, 2009 on the captioned subject.
On a review of RTGS timings and the volume of business handled by RTGS on Saturdays, the RTGS Standing Committee has decided to extend RTGS timings for customer and inter-bank transactions on Saturdays. Accordingly, the revised time window for customer and interbank transactions in RTGS would be as follows:
| Days | Customer Transactions | Inter-bank Transactions |
| Monday – Friday | 9:00 hours to 16:30 hours | 9:00 hours to 18:00 hours |
| Saturday | 9:00 hours to 13:30 hours | 9:00 hours to 15:00 hours |
All RTGS member banks are advised to extend the benefits of the extension of RTGS time window to their customers.
Please acknowledge receipt.
Yours faithfully,
(G. Padmanabhan)
Chief General Manage
Related posts:
- RBI – Extension of service window for RTGS transactions
- RBI circular on RTGS Transactions to all banks participating in RTGS
- RTGS System in Banking
- RBI circular on RTGS System – Government Receipts
- Use of RTGS/NEFT/NECS/ECS for Credit to NRE Accounts
