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PAYMENT AND SETTLEMENT SYSTEMS

Payment and settlement systems play an important role in improving overall economic efficiency. They consist of all the diverse arrangements that we use to systematically transfer money-currency, paper instruments such as cheques, and various electronic channels.

Press Release


PDF document (300 kb)
Date : Apr 12, 2021
RTGS System Upgrade - Non-Availability of Service – 00.00 Hrs to 14.00 Hrs. on Sunday, April 18, 2021

A technical upgrade of RTGS, targeted to enhance the resilience and to further improve the Disaster Recovery Time of the RTGS system, is scheduled after the close of business of April 17, 2021. Accordingly, RTGS service will not be available from 00:00 hrs to 14.00 hrs on Sunday, April 18, 2021. The NEFT system will continue to be operational as usual during this period.

Member banks may inform their customers to plan their payment operations accordingly.

RTGS Members will continue to receive event update(s) through system broadcasts.

(Yogesh Dayal)     
Chief General Manager

Press Release: 2021-2022/44


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