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 ...

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 ...

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 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 ...

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 ...

Over a decade things have changed and one would agree that the most traditional form of transferring money anywhere were National Electronic Fund Transfer (NEFT) and Real Time Gross Settlement (RTGS).

Real-Time Governance Society (RTGS) CEO K. Dinesh Kumar on Thursday (January 9) apprised Minister for Civil Supplies Nadendla Manohar of plans to create a unique profile for every household and ...

In a significant move to enhance the UK’s financial infrastructure, the Bank of England has released its response to a February 2024 discussion paper on reviewing access to Real-Time Gross Settlement ...