Name: RTGS system | Taxscan | Simplifying Tax Laws
Uploaded: 2020-12-04T16:19:43+05:30
Channel: Team Taxscan
Description: The RTGS system will soon made 24/7 in the next few days to reduce settlement and default risk in the system, by facilitating settlement of AEPS, IMPS, NETC, NFS, RuPay, UPI transactions on all days of the week. This will make payment ecosystem more efficient. The Reserve Bank of India (RBI)’s Monetary Policy Committee (MPC)

RTGS system

RTGS system will soon made 24/7 in the next few days: RBI

December 4, 2020

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