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Extension of Service Window for RTGS Transactions

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:

Days

Customer Transactions

Inter-bank Transactions

Monday – Friday

9:00 hours to 16:30 hours

9:00 hours to 18:00 hours

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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