Rebooting ease of trade: RTGS 24×7, 365 days is a game changer for markets, businesses

Rebooting ease of trade: RTGS 24×7, 365 days is a game changer for markets, businesses

Mumbai: The central bank move to allow large-value fund transfers 24×7 through the Real Time Gross Settlement (RTGS) system has the potential to eliminate delays in the movement of money, helping quicken the pace of trade in India. Funds above Rs 2 lakh can now be transferred through the RTGS system anytime of the day … Read more