Home Finance RTGS Services will not be available on 18th April 2021

RTGS Services will not be available on 18th April 2021

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RTGS Services will not be available on 18th April 2021

To improve the Disaster Recovery Time of the RTGS system, services will not be available from 0.00 hrs to 14.00 hrs on April 18, 2021.

According to a press release issued by Chief General Manager Yogesh Dayal of RBI (Reserve Bank of India) there will be a technical upgrade of RTGS, targeted to enhance the resilience and to further improve of the Disaster Recovery Time of the RTGS system, is scheduled after the close of business of April 17, 2021.

Accordingly, RTGS (Real-time gross settlement) 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. RBI advised banks to inform their customers to plan their payment operations accordingly. RTGS Members will continue to receive event update(s) through system broadcasts.

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(Kunwar) Devender Singh is a trailblazing digital marketing expert and a seasoned tech virtuoso with over 18 years of industry experience. As a founding member of Digpu, India's leading independent news network, Devender has not only shaped the digital PR landscape but has also traveled across thousands of villages and cities, documenting the pulse of the nation through his blogs. His illustrious career has seen him at the helm of several major corporations, including Essel Group, HP and Videocon. After 12 years of making waves in Media, IT, and Telecom, Devender launched the groundbreaking 'Save Earth' initiative in 2011, aimed at curbing E-Waste. In 2015, Devender founded the Brave Hearts Welfare Foundation (BHWF), India’s pioneering suicide prevention lifeline for the Indian Armed Forces. His commitment to innovation continued with the 2017 launch of 'Digital Punch,' a globally recognized B2B/B2C lead generation company. A visionary leader and philanthropist, Devender Singh’s journey is a symphony of success, compassion, and technological excellence, continually pushing the boundaries of what is possible in the digital world.