personal finance

RTGS facility will not be available for 14 hours on Sunday: RBI

The RTGS facility will not be available on Sunday, April 18, for 14 hours from 00:00 hrs to 14.00 hrs, the Reserve Bank of India (RBI) informed via a press release. “A technical upgrade of RTGS, targeted to enhance the resilience and to further improve the Disaster Recovery Time of the RTGS system, is scheduled after the close of business of April 17, 2021. Accordingly, RTGS service will not be available from 00:00 hrs to 14.00 hrs on Sunday, April 18, 2021. The NEFT system will continue to be operational as usual during this period,” the RBI release stated.

Member banks may inform their customers to plan their payment operations accordingly, RTGS members will continue to receive event update(s) through system broadcasts, added RBI.


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