At present, the RTGS system is available for customer transactions from 8:00 am to 6:00 pm and for inter-bank transactions from 8:00 am to 7:45 pm. In order to increase the availability of the RTGS system, it has been decided to extend the operating hours of RTGS and commence operations for customers and banks from 7:00 am.
The RTGS time window with effect from August 26, 2019, will, therefore, be as under:
| Sr. No. | Event | Time |
| 1. | Open for Business | 07:00 hours |
| 2. | Customer transactions (Initial Cut-off) | 18:00 hours |
| 3. | Inter-bank transactions (Final Cut-off) | 19:45 hours |
| 4. | IDL Reversal | 19:45 hours – 20:00 hours |
| 5. | End of Day | 20:00 hours |
This directive is issued under Section 10 (2) read with Section 18 of the Payment and Settlement Systems Act 2007.
RBI/2019-20/46
DPSS (CO) RTGS No.364/04.04.016/2019-20
Notification dt. 21-08-2019
Reserve Bank of India