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Extension of Service Window for RTGS Transactions |
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RBI/2009-10/265 DPSS (CO) RTGS No. 1313/ 04.04.002 / 2009 – 2010
December 18, 2009
Chairman and Managing Director / Chief Executive Officer of all banks participating in RTGS
Madam / Dear Sir,
Extension of Service Window for RTGS Transactions
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:
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Days |
Customer Transactions |
Inter-bank Transactions |
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Monday – Friday |
9:00 hours to 16:30 hours |
9:00 hours to 18:00 hours |
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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 | |
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