RTGS service won't be available for 14 hours: RBI

The Reserve Bank of India (RBI) on Monday said that RTGS (real-time gross settlement) money transfer service will not be available for 14 hours on Sunday (April 18) due to "technical upgrade". "A technical upgrade of RTGS, targeted to enhance the resilience and to further improve the Disaster Recovery Time of the RTGS system, is scheduled after the close of business of April 17, 2021," the central bank stated in a notification.

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