Real-Time Gross Settlement (RTGS) service will not be available on April 18, says RBI
The 14-hour RTGS is interrupted due to technical upgrades
National Electronic Fund Transfer will be available as usual
RBI instructed banks to provide information to customers
RBI wants payment operations to be adjusted in this scenario
RTGS members will continue to receive updates
The RTGS service was upgraded to 24×7 on December 14 last year
RTGS is for instant fund transfers of great value
NEFT is a popular system for small value transactions