Central Banking

RBI starts live operation of RTGS system

After a two-month trial, the Reserve Bank of India on Friday 26 March began live operations of the Real Time Gross Settlement (RTGS) system but only inter-bank transactions are being put through.

The customer-related transfers will be enabled in due course and after two weeks, other banks and primary dealers will join the system in a phased manner, an RBI release said at Mumbai.

The central bank said eligible partners would join the system after a week, depending on their full technical and ot

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: