If you need to transfer a large sum of money urgently, RTGS would be the best option. Suresh Kumar is a 28-year corporate employee from Mumbai. He keeps transferring money too frequently but every ...

In order to boost the adoption of digital payments, the Reserve Bank of India (RBI) allowed the transfer of funds through Real-Time Gross Settlement (RTGS) round-the-clock, used for large value ...

The Real Time Gross Settlement System (RTGS) for high-value transactions will be available 24x7 on all days from December 14. This would make India one of the few countries to operate the system round ...

The Reserve Bank of India (RBI), from December 1, allowed the transfer of funds through Real-Time Gross Settlement (RTGS) system available for customers 24x7. RTGS is used for large-value transactions ...

Banks presently allow RTGS transactions on all working days, except second and fourth Saturdays of every month between 7am to 6 pm. RBI has made the announcement in October saying Real Time Gross ...

The below graph represents the monthly distribution of the total number of RTGS transactions in India, starting from April 2004 to October 2019. India recorded an impressive 12.7% month-over-month ...

NEW DELHI: Over time the way people can transfer money online has been changing. There are various ways in which one can transfer money online including the National Electronic Fund Transfer (NEFT), ...

VIJAYAWADA: Chief Secretary K Vijayanand emphasised the importance of providing technical support from the Real-Time Governance Society (RTGS) to various government departments to enhance their ...