The Real Time Gross Settlement System (RTGS) for high-value transactions will be available 24x7 on all days from December 14. This would make India one of the few countries to operate the system round-the-clock. "RTGS 24x7x365 will be launched with effect from 00:30 hours on December 14, 2020," the Reserve Bank of India (RBI) said in a statement. In October, the central bank had announced that RTGS will be available 24x7 on all days of the year. The RBI said India will become one of the few countries in the world to operate its RTGS system round-the-clock throughout the year.from IndiaTV: Google News Feed https://ift.tt/2LhSMbX
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