RTGS Payment System To Be Available On 24X7 Basis Soon

The Reserve Bank of India said on Friday that the Real Time Gross Settlement (RTGS) system, which is used for large value transactions, will be made available round-the-clock in the next few days. RTGS, which is meant for high-value instant fund transfers, is currently available on all working days of the week except the second and fourth Saturdays, between 7.00 am to 6.00 pm.