Tag: rtgs timings

New RTGS timings from December 1

The Reserve Bank of India (RBI), from December 1, allowed the transfer of funds through Real-Time Gross Settlement (RTGS) system available for customers 24×7. RTGS is used for large-value transactions; the minimum amount to be remitted through RTGS is Rs 2 lakh with no maximum limit. This is done in order to boost the adoption […]