Page 2 - Rtgs

After NEFT, RBI is planning to make RTGS facility available 24X7

This could become a reality in a month or two, said a source

RTGS system to open at 7 AM from August 26 as RBI extends operating hours

At present, the Real Time Gross Settlement (RTGS) System is available for customer transactions from 0800 hours to 1800 hours

After waiving RTGS, NEFT fee, SBI to make IMPS transactions free from Aug 1

Before July 1, SBI used to charge between Re 1 and Rs 5 for transactions through NEFT, and Rs 5-50 for RTGS route

RTGS, NEFT transfers set to get cheaper from today as RBI scraps charges

Currently, the RBI 'levies minimum charges' on banks for transactions routed through its RTGS and NEFT system

RBI extends timing for fund transfer through RTGS till 6 pm from Jun 1: RBI

The minimum amount to be remitted through RTGS is Rs 2 lakh with no upper or maximum ceiling