2. Accordingly, RTGS will not be operated on second and fourth Saturdays but would operate for full day on working Saturdays. Processing of future value dated transactions with value date falling on second and fourth Saturdays will not be undertaken under RTGS.
3. The RTGS time window with effect from September 1, 2015 will be as under:
Regular days including Saturdays, except Second and Fourth Saturdays of the Month
Open for Business
Initial Cut-off (Customer transactions)
Final Cut-off (Inter-bank transactions)
19:45 hours - 20:00 hours
End of Day
4. This circular is issued under Section 10 (2) of Payment & Settlement Systems Act, 2007.