Extension of Service Window for RTGS Transactions

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:

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