Real Time Gross Settlement RTGS System Extension of Timings for Customer Transactions.


Real Time Gross Settlement RTGS System  Extension of Timings for Customer Transactions.
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Wednesday, May 29, 2019
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Dear all,

Your association SIMA is forwarding herewith letter issued by DPSS (CO) RTGS No. 2488/04.04.016/2018-19 dated 28/05/2019 issued by Reserve Bank of India regarding Real Time Gross Settlement (RTGS) System – Extension of Timings for Customer Transactions.

With reference to the circular DPSS (CO) RTGS No.492/04.04.002/2015-16 dated September 1, 2015 on ‘Changes in RTGS time window’ and circular DPSS (CO) RTGS No.1926/04.04.002/2015-16 dated February 4, 2016 on ‘RTGS service charges for members and customers - Rationalisation’. 

It has been decided to extend the timings for customer transactions (initial cut-off) in RTGS from 4:30 pm to 6:00 pm. Accordingly, the RTGS time window with effect from June 01, 2019.

To view the full circular PLEASE CLICK HERE.

This is for your kind information.

Thanking you

with regards,

For Silvassa Industries & Manufacturers Association,

Narendra Trivedi

Secretary

 


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