{"id":215128,"date":"2019-05-29T11:30:21","date_gmt":"2019-05-29T06:00:21","guid":{"rendered":"https:\/\/www.scconline.com\/blog\/?p=215128"},"modified":"2019-05-29T11:15:08","modified_gmt":"2019-05-29T05:45:08","slug":"reserve-bank-of-india-real-time-gross-settlement-rtgs-system-extension-of-timings-for-customer-transactions","status":"publish","type":"post","link":"https:\/\/www.scconline.com\/blog\/post\/2019\/05\/29\/reserve-bank-of-india-real-time-gross-settlement-rtgs-system-extension-of-timings-for-customer-transactions\/","title":{"rendered":"Reserve Bank of India | Real Time Gross Settlement (RTGS) System \u2013 Extension of Timings for Customer Transactions"},"content":{"rendered":"

\u2018Changes in RTGS time window\u2019<\/strong><\/p>\n

It has been decided to extend the timings for customer transactions (initial cut-off) in RTGS from 4:30 pm to 6:00 pm<\/strong>. Accordingly, the RTGS time window with effect from\u00a0June 01, 2019 has been stated in the official notification to which the link is given below.<\/span><\/p>\n

\u00a0The directive is issued under Section 10 (2) read with Section 18 of the Payment and Settlement Systems Act 2007 (Act 51 of 2007).<\/strong><\/p>\n

*Please follow the link for official Notification: Notification<\/a><\/span><\/strong><\/p>\n

\n

[Notification dt. 28-05-2019]<\/strong><\/p>\n

Reserve Bank of India<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

\u2018Changes in RTGS time window\u2019 It has been decided to extend the timings for customer transactions (initial cut-off) in RTGS from 4:30 <\/p>\n","protected":false},"author":8808,"featured_media":108541,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8051,2],"tags":[35692,2732,35691],"class_list":["post-215128","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business_news","category-news","tag-extension","tag-Reserve_Bank_of_India","tag-rtgs-timings"],"yoast_head":"\nReserve Bank of India | Real Time Gross Settlement (RTGS) System \u2013 Extension of Timings for Customer Transactions | SCC Times<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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from 8:00 am to 6:00 pm and for inter-bank transactions from 8:00 am to 7:45 pm. In order to increase the availability of the RTGS system, it has been decided to extend the operating hours of RTGS and commence operations\u2026","rel":"","context":"In "Legislation Updates"","block_context":{"text":"Legislation Updates","link":"https:\/\/www.scconline.com\/blog\/post\/category\/legislationupdates\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/02\/RBI-1.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/02\/RBI-1.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/02\/RBI-1.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/02\/RBI-1.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/02\/RBI-1.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":216351,"url":"https:\/\/www.scconline.com\/blog\/post\/2019\/07\/02\/rbi-neft-and-rtgs-charges-to-be-wived-off\/","url_meta":{"origin":215128,"position":1},"title":"RBI | NEFT and RTGS charges to be waived off","author":"Bhumika Indulia","date":"July 2, 2019","format":false,"excerpt":"National Electronic Funds Transfer (NEFT) and Real Time Gross Settlement (RTGS) systems \u2013 Waiver of charges The Reserve Bank has since reviewed the various charges levied by it on the member banks for transactions processed in the RTGS and NEFT systems. In order to provide an impetus to digital funds\u2026","rel":"","context":"In "Legislation Updates"","block_context":{"text":"Legislation Updates","link":"https:\/\/www.scconline.com\/blog\/post\/category\/legislationupdates\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":241938,"url":"https:\/\/www.scconline.com\/blog\/post\/2021\/01\/08\/rbi-introduces-legal-entity-identifier-for-large-value-transactions-in-centralised-payment-systems\/","url_meta":{"origin":215128,"position":2},"title":"RBI introduces Legal Entity Identifier for Large Value Transactions in Centralised Payment Systems","author":"Bhumika Indulia","date":"January 8, 2021","format":false,"excerpt":"Legal Entity Identifier The Legal Entity Identifier (LEI) is a 20-digit number used to uniquely identify parties to financial transactions worldwide. 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It is hereby clarified that transactions which fail on account of technical\u2026","rel":"","context":"In "Legislation Updates"","block_context":{"text":"Legislation Updates","link":"https:\/\/www.scconline.com\/blog\/post\/category\/legislationupdates\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts\/215128","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/users\/8808"}],"replies":[{"embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/comments?post=215128"}],"version-history":[{"count":0,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts\/215128\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/media\/108541"}],"wp:attachment":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/media?parent=215128"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/categories?post=215128"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/tags?post=215128"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}