RBI extends RTGS timings to 6 pm from June | Editorji
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RBI extends RTGS timings to 6 pm from June

May 29, 2019 15:05 IST

The Reserve Bank of India has extended the timings for customer transactions through Real Time Gross Settlement or the RTGS system. The system is meant for large-value transactions and can be used to remit funds more than Rs 2 lakh, with no upper ceiling on the value of funds being transferred. Starting the 1st of June, RTGS timings for customer transactions will be 6:00 pm, instead of the present 4:30 pm.

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