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RTGS payment system available 24x7 from today
short by Rishabh Bhatnagar / on Tuesday, 1 December, 2020
The RTGS (Real Time Gross Settlement) money transfer system has been made available round the clock on all days starting today. The RBI had approved the facility's extension in October to boost digital payments adoption in the country. "India will be one of the very few countries globally with a 24x7x365 large value real time payment system," RBI said.